U.S. Chamber of Commerce Worried About U.K. Taxes on Tech Firms

The U.S. Chamber of Commerce is raising concerns about digital services taxes, after the United Kingdom announced plans to move forward with such a tax on large technology companies. "The American business community supports international dialogue on ways to modernize the international taxation system to adapt to changes in the global economy," Chamber President and CEO Tom Donohue wrote in a letter to Treasury Secretary Steven Mnuchin.