Governments around the world, particularly in emerging markets, are raising taxes on information technologies, threatening to impede economic growth and slow consumers’ adoption of smartphones and broadband Internet access, a report warns. At least 31 countries, most of which are in the developing world, are imposing the damaging high taxes on top of other sales or value-added taxes, according to the report by the Information Technology and Innovation Foundation, a nonpartisan research group in Washington.
- Read the article: The New York Times