The Office of the United States Trade Representative says it will do what’s necessary to halt Canada’s tax on large foreign digital services companies.
Last month, Parliament approved the government’s plan to add a three per cent levy on foreign tech giants which generate revenue from Canadian users. It means the companies will have to pay taxes on that revenue in Canada.
Many of those companies are based in the United States and American industry is demanding action.
We could be in trouble if Dementia Joe can remember Canada.
