A retaliatory action from the United States is expected over the tax levied on tech companies, like Facebook, in a few countries, a Bloomberg report said on Friday. The US could release results of its probe concerning India, Austria, and Italy's decision to tax local revenue generated by internet companies, soon. In June, the US Trade Representative had started the investigation.

source https://www.newsbytesapp.com/news/world/india-s-digital-tax-could-evoke-retaliation-from-us/story

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