After Trump suspendes trade discussions, Canada rescues digital services tax Donald Trump News


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The Prime Minister of Canada says that after leaving Otwa new Levi, trade talks with the United States will resume.

Canada has solved it Digital services In an attempt to increase trade negotiations with the United States after US President Donald Trump’s days Calls off Speaks while raising revenge for levy.

In a statement on Sunday, Canadian Prime Minister Mark Carne said that he and Trump have now agreed to resume trade negotiations.

Carne said, “Today, the announcement will support the resume of the negotiations of the Timeline at the summit of the G7 leaders of this month of July 21, 2025,” Carney said.

The Canadian levy of technology companies was implemented on Monday.

Trump said on Friday that the target of “our American technology companies” was a “direct and shameless attack on our country”.

Apple Pal, Alphabet/Google, Amazon Mezon and Meta are the US of some of the largest technology companies in the world.

Canada’s Digital Services Tax Act (DSTA) has presented a charge on tech earnings created by Canadian users – even if providers do not have physical presence in the country.

This global revenue is more than $ 820m and large technology companies with Canadian revenue to levy a percented percentage on the income of some digital services obtained in Canada.

Unlike traditional corporate taxes based on profit, this tax targets the total revenue connected to the Canadian user’s investment.

Digital services will apply to online markets, social media platforms, digital advertising and sale of user data or licenses.

The most controversial part of the new frame for businesses is its predecessor, demanding payment on income till January 1, 2022.



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