The European Commission's proposal for the short-term taxation of the gross income of certain digital activities unsurprisingly received a frosty welcome in Washington, at a conference hosted by the American Enterprise Institute on Thursday 19 April (see EUROPE 11986, 11983).
The most virulent criticism came from Professor Itai Grinberg of the Georgetown Law Centre, who believes the US tax reform would resolve the main problems of the under-taxation of the Internet giants. “The rhetoric...