The U.S. is not pleased with Canada’s digital services tax proposal
Written by Black Hot Fire Network on December 25, 2023
The U.S. and Canada are sparring over another trade issue. They’ve put disputes over softwood lumber and dairy products behind them; now they’re at odds over Canada’s proposed tax on digital services. The Biden administration says it’s unfair to U.S. businesses. But, as Canada points out, other countries are already charging the tax.
Ottawa wants to levy a 3% tax on revenues from online advertising and marketplaces, plus social media and sales of user data. Only the biggest tech companies doing business in Canada would pay the tax. Renu Zaretsky at . . .
