US and Allies Guarantee Tax-Free Streaming and Software Downloads

Nineteen countries, including the United States, have announced an agreement to not impose duties on cross-border electronic transmissions such as streaming music or films and software downloads among themselves, Reuters reported Thursday (May 7). They also invited other countries to join the pact. The announcement of this agreement by the countries, which are members of the World Trade Organization (WTO), came as the WTO has so far failed to renew a moratorium on these duties that was begun in