date icon November 28, 2018

Multi-Association Letter WCO Electronic Transmissions And WTO Moratorium

IA_Multi-Association-Letter-WCO-WTO-Electronic-Transmissions_Nov-2018_Trade

"IA joined other associations in sending a letter to the Trump Administration urging them to block a potentially damaging action at the World Customs Organization (WCO) related to the application of taxes, Customs duties, and other Customs formalities on electronic transmissions at its December 3rd Policy Commission meeting. This action is contrary to the long-standing agreement by World Trade Organization (WTO) members not to apply customs duties to cross-border electronic transmissions and prejudices ongoing discussions at the WTO and the Organization for Economic Cooperation and Development (OECD). This action will harm U.S. goods and services exporters of all sizes in nearly every sector and threaten American jobs. The letter was sent to the Department of Homeland Security, Department of the Treasury, United States Trade Representative, and U.S. Customs and Border Protection.

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"Internet Association today released the Q3 2018 IA Industry Indicators report (3I Report) which provides quarterly indicators for the internet sector. This quarter’s report features a deep-dive on American consumer sentiment around the internet, micro- and macroeconomic indicators, and a Digital Price Index that tracks inflation for digital goods and services.

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