US announces 6 months freezes new Gogle rate tariffs on 323 million dollars in Spanish products - The Commercial Representative of the United States announced on Wednesday new tariffs and the rise in certain products against countries, such as Spain, have approved their particular Google rates. However, the measure was frozen for at least 6 months, with the purpose of the Biden Administration reaching "a multilateral solution".
Specifically, according to several media this week, the new rates would be applied on 323 million dollars in Spanish products, 310 million on Turkish products, 118 million on Indians and 65 million on Austrians. In the case of the United Kingdom, the US Trade Representative announced tariffs of 25% on goods worth about 887 million dollars, and in the Italian the same on products valued at 386 million.
Katherine Tai, the Commercial Representative, announced on Wednesday these measures as a result of the investigation that the US began last year around this time on the taxes on digital companies that had been approved in various countries. The first conclusions were made earlier this year, when the Tai itself was charging the Tax on Certain Digital Services (IDSD) for restricting its foreign trade.
US announces 6 months freezes new Gogle rate tariffs
Those criticisms came just days before the tax came into force. Although the rate is taxing the activities of digital companies since mid-January, no quarter has yet been settled. It is expected that in July companies will pay the corresponding Google rate for the first two quarters of the year, after the Treasury extended its liquidation months ago to give more room to the taxed firms to adapt.
However, the truth is that there are a few weeks left until the first settlement is made and the regulations with which these payments will be made have not yet been developed, so many companies still do not know how they have to deal with this new tax.
In a statement, Katherine Tai explained that the US is trying to " find a multilateral solution to a number of key issues related to international taxation, including our concerns about taxes on digital services."
US announces 6 months freezes new Gogle rate tariffs
Hence, despite the announcement of new tariffs, these remain frozen for 180 days, something that the government department headed by Minister Reyes Maroto has celebrated.
In fact, the minister herself, in statements collected this Thursday Europa Press, hopes that the suspension of the new tariffs is final, since he made a visit to the OECD last week— where the debate is being held and the international consensus on digital taxation is sought-and acknowledged that he could see "firsthand" the "good progress" of the negotiations.
US announces 6 months freezes new Gogle rate tariffs: The threat of new tariffs has been appeased with this six-month "truce" with which the Biden Administration distances itself from its predecessor, the Trump Administration. The Spanish items that could be taxed more once this extension of frozen tariffs ends are leather goods (belts and bags), as well as footwear, interior glassware, prawns, shrimp, prawns or frozen octopus.
In addition, the 323 million euros with which the US could tax Spanish articles within 6 months would be another serious blow, since it is more than half of what the Spanish Government itself expects to collect with the Google tax this year.
- The provision of online advertising services
- Online intermediation services
- The sale of data generated from information provided by the user
US announces 6 months freezes new Gogle rate tariffs
The affected companies will be those that enter more than 750 million euros a year worldwide and whose business in Spain generates more than 3 million in the same period.
Big techs like Google or Amazon have already announced that they will charge their customers the difference causing the new type. They have also called for the taxation of digital companies to emerge from the expected global agreement within the OECD, which the previous Trump Administration torpedoed.
US announces 6 months freezes new Gogle rate tariffs
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Telefónica will install fiber optics throughout the Paradores network before the end of July
Fiber optic in the Pyrenees, on the island of Iron or in the Sierra de Cazorla. These are some of the places where there is an establishment of the network of Paradores and where the optical fiber of Telefónica will reach. In total, 97 sites that the public hotel has in 16 autonomous communities.
Until now, the network infrastructure in these buildings depended on various telecommunications providers and had limited bandwidth. From now on, and for the next five years, Telefónica will be the technology provider after having won a public tender of around 4 million euros.
The complicated orography in which some of these paradores are located along with the architecture of the buildings themselves, many of them historical, limited coverage and made it difficult to access even basic functionalities.
In the last two months Telefónica has taken broadband to 31 buildings that did not have it, so 71 Paradores already have this technology. It is estimated that at the beginning of July it will be installed in the 97 establishments of the Paradores network.
The objective is that customers can have a connection to be able to watch series, listen to music streaming through various platforms or be able to telework from any of the establishments on the network.
"This project was born at a time when our lives have changed, "said the president of Telefónica Spain Emilio Gayo, who pointed out that we are at the" perfect moment " for what the two companies are going to do together because Spain is a leader in tourism, but also in fiber.
The evolution of the communication services of Paradores will be the basis for developing its digital transformation plan that will improve both the internal management and the customer experience of this hotel and restaurant chain. In addition, it will serve to expand its audience with visitors who require teleworking, digital travelers or younger tourists who seek sustainable attention thanks to the use of technology.
For his part, the president of Paradores Óscar López-Águeda stressed that getting fiber optics to all hotels in the network is a "very important milestone". "This will allow our customers to enjoy online entertainment or even telework. In addition, this opens up new opportunities for the regions in which the Paradores are located, many of them hidden places in empty Spain where it is difficult to find state-of-the-art fiber optics," he said.
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