U.S. Senate Committee on Finance Publishes Letter to European Council and Commission on Concerns with Proposed Digital Services Tax

The U.S. Senate Committee on Finance has published a letter dated 18 October 2018 from Committee Chairman Hatch and Ranking Member Wyden to European Council President Tusk and European Commission President Juncker regarding concerns with the Commission's proposed three-percent digital services tax (DST). In the letter, Hatch and Wyden urge the EU to abandon the proposal, which they say has been designed to discriminate against U.S. companies and to undermine the international tax treaty syst…