Levies on online services up for debate at G20 summit

Ministers of finance from the G20 nations will convene this week in Rio de Janeiro to deliberate on whether to implement a worldwide tariff on digital services.

Out of the eight participating nations – France, India, Italy, Canada, Spain, United Kingdom, Turkey, and Austria – have made the decision to enforce duties autonomously, primarily impacting major American technology corporations like Amazon, Apple, and Google.

In retaliation, the United States has issued a warning of potential countermeasures, including the imposition of tariffs on an array of products ranging from French sparkling wine to Italian designer handbags, as reported by Reuters.

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AndyC

Andy Curtis is an award-winning security consultant, researcher and public speaker. He has been working in the computer security industry since the early 1990s, having been employed by state and federal government, leading healthcare and banking providers across three continents. He has given talks about computer security for some of the world’s largest companies, worked with law enforcement agencies on investigations into hacking groups, and is a regular voice on TV and radio explaining IT security threats.

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