A Canadian dollar coin, commonly known as the “Loonie,” is pictured in this illustration picture taken in Toronto, January 23, 2015. REUTERS/Mark Blinch/File Photo
December 15, 2021
WASHINGTON (Reuters) – The office of the U.S. Trade Representative is concerned with Canada’s announcement that it will continue to pursue a unilateral digital services tax, a USTR spokesperson said in a statement on Wednesday.
“If Canada adopts a DST, USTR would examine all options, including under our trade agreements and domestic statutes,” it said.
Canada’s finance ministry said on Tuesday Canada was still prepared to impose a tax on corporations providing digital services if need be.
(Reporting by Eric Beech; Writing by Mohammad Zargham)
Source: One America News Network