- US requests trade dispute consultations with Canada over new digital services tax
- US considers tax to be discriminatory and inconsistent with North American trade deal obligations
- If agreement cannot be reached after 75 days, US may request a dispute settlement panel under USMCA
- US has previously objected to planned Canadian tax
- USTR has found unilateral digital services taxes to discriminate against US companies
- US supports global negotiations over reallocation of taxing rights on multinational companies
- US opposes unilateral digital service taxes that discriminate against US companies
Source: channelnewsasia.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Canada"
- Canada to Repeal Underused Housing Tax and Adjust Luxury Tax on Aircraft and Vessels
- GST on Food & Drinks: Navigating the Fine Line Between Zero-Rated and Taxable Products
- GST and HST Rates in Canada: What Businesses and Consumers Need to Know
- CBSA Increases Container Inspections: What Importers Should Expect and How to Minimize Delays
- No GST/HST on Tobacco Resold by Exempt Taxpayer to Status Indians, FCA Confirms
