The Internet Association, one of the largest Internet advocacy groups in the US, has published a six-point wish list for a future Anglo-American trade deal, including a call for no unilateral digital tax,media reported. In a new white paper, the Internet Association calls for future trade deals to include provisions to ensure the free flow of information between the two countries, guarantee that digital services companies will not be taxed unilaterally, and ensure that “measures do not undermine the protection of intermediary liability”.
The new document suggests that any potential new tax on digital services should be established in an “internationally coordinated manner”. In its white paper, the Internet Society said the UK now exports $34.8bn (?27.8bn) of digital services to the US, up 56% from 2006 to 2017. Meanwhile, $48.8 billion (39 billion pounds) of digital services were exported from the United States to the UK.
Jordan Haas, director of trade policy at the Internet Association, said: “The United States and Britain are leading the world in digital technology, and this agreement should include policies that will support this success. “
“The provisions in our white paper will strengthen the two countries’ leadership in digital trade at a time when other countries are pursuing a very different, closed vision of the Internet.”
Liz Truss, britain’s international trade secretary, said on Thursday there was “no fixed deadline” for a trade deal between the UK and the US. In a statement, Truss said the government had made it clear that there was no fixed deadline for the transatlantic agreement and that “quality is more important than speed” in ensuring an agreement.
The UK has now completed a second round of trade talks with the US, with the next meeting due to take place at the end of July.
The trade secretary also said the talks “continue to be positive and constructive” but warned that any trade deal must be “fair, reciprocal and ultimately in the best interests of the British people and economy.”