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Trump Kills Trade Talks With Canada After It Hits U.S. With Digital Services Tax
The new Canadian digital services tax also applies retroactively back to 2022. Trump was threatening to annex Canada, dubbing it America’s 51st state, even before he took office for a second time in January. And relations with Canada have become incredibly hostile thanks to Trump’s unnecessary provocations.
Keeping the digital tax will not affect the G7 agreement, which focuses on global minimum taxes, the Finance Department said. The Section 899 provision would have targeted companies and investors from ...
The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign investment and had spooked Wall Street and global business leaders.
Maryland’s new tech tax is the largest source of new, recurring revenue that lawmakers have passed in years. It takes effect ...
Despite posing significant administrative hurdles, digital services taxes remain ‘the best way forward’ for emerging ...
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