USTR: Digital services taxes adopted by India, Italy, and Turkey in recent years discriminate against US companies. USTR studied how these digital taxes affected companies including $AMZN, $GOOG, $FB, $ABNB, & $TWTR. USTR said it conducted these investigations on the ground of Section 301 of the US Trade Act of 1974. Despite the strong findings on three nations’ digital services taxes, USTR said it is not taking any specific actions “at this time” but will “continue to evaluate all available options.” OECD is currently in the middle of working out technical details for digital tax agreements for over a 100 nations, doesn’t expect to finish the work until mid-2021. In the absence of OECD agreements, various countries are moving forward with their own versions of the taxes.