ITI Testifies Before U.S. House Ways and Means Committee on International Tax Policy
WASHINGTON – Global tech trade association ITI’s Senior Director of Tax and Trade Policy Megan Funkhouser testified before the U.S. House Ways and Means Subcommittee on Tax for the hearing, “OECD Pillar 1: Ensuring the Biden Administration Puts Americans First” (opens in a new tab).
Funkhouser’s testimony focused on ITI’s recommendations relieve double taxation, secure the removal of digital services taxes and relevant similar measures, and ensure tax certainty.
“Absent robust U.S. engagement, including that of Congress, there is little chance of resolving outstanding issues and crafting a final package that provides certain and predictability for the global technology industry,” Funkhouser testified.
“Ultimately, global tax policy challenges require global tax policy solutions, which is why ITI supports reaching a multilateral, consensus-based solution that withdraws digital services taxes and prevents their future introduction,” Funkhouser continued.
Read Megan Funkhouser’s full testimony here.