Shares of the streaming video pioneer fell after it reported a large batch of new customers in the first quarter but gave a revenue forecast that missed analyst targets
US reaches deal with Austria, France, Italy, Spain, UK on digital services taxes
The United States reached a deal with Austria, France, Italy, Spain, and the United Kingdom on digital services taxes (DST) on Thursday, the US Treasury Department and the US Trade Representative said.
Published : 21 Oct 2021, 05:03 PM
Updated : 21 Oct 2021, 05:03 PM
Under the deal, "DST liability that US companies accrue during the interim period will be creditable against future income taxes accrued under Pillar 1 under the OECD agreement", the USTR office said.
In return, the United States will terminate the currently-suspended additional duties on goods of Austria, France, Italy, Spain, and the United Kingdom.
RELATED STORIES
The companies have yet to approach Paramount, which is in exclusive deal talks with Skydance Media, though some investors have urged Paramount to explore other options
A Swiss investigative organisation, Public Eye, released a report, saying that Nestle adds sugar to its baby food products sold in low-income countries in Africa, Latin America and Asia
The price of unpacked soybean oil has been cut by Tk 2 per litre
