BEST OF THE WEB

U.S. Against Canada’s Digital Services Tax Plan

The United States has expressed its dissatisfaction with Canada over its decision to introduce a tax on digital services through the U.S. Trade Representative (USTR).

The USTR then called on Canada to abandon such plans, and also raised concerns about measures that it claimed singled out American firms for taxation. The same measures however excluded Canadian national firms who have similar businesses.

“The United States urges Canada to abandon any plans for a unilateral measure and instead redouble its commitment to the rapid implementation of Pillar One of the October 8 OECD/G20 agreement and the negotiation of a multilateral convention. Should Canada adopt a DST, USTR would examine all options, including under our trade agreements and domestic statutes,” the USTR office explained in a statement.

Canada unveiled the proposed form of taxation in April, saying it would remain in place until a coordinated process for taxing large digital companies was formulated and adopted.

IT World Canada Staff
IT World Canada Staffhttp://www.itworldcanada.com/
The online resource for Canadian Information Technology professionals.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

ITW in your inbox

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

More Best of The Web