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US, Allies Agree Tax-Free Digital Trade
PYMNTS·
Nineteen countries, led by the United States, have committed to a new agreement that will prevent the imposition of taxes on cross-border digital transmissions. This pact specifically covers services like streaming music and films, as well as software downloads. The participating nations aim to foster a more open and predictable environment for digital commerce. They have also extended an invitation to other countries worldwide to join this initiative, signaling a broader commitment to facilitating international digital trade and innovation.
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fintech
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PYMNTS — pymnts.com