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Digital Services Tax

All articles tagged with #digital services tax

trade-policy17 days ago

The Unanticipated Resilience of US Economy Amid Trump’s Tariffs

The article details the implementation of various tariffs and trade measures by the U.S., including a 10% baseline reciprocal tariff effective April 5, 2025, potential increases to 15-20%, a 40% transshipment penalty, and threatened additional tariffs on digital services taxes and specific country imports like Russian and Venezuelan oil. Several countries have specific rates or exemptions, with ongoing investigations into digital taxes.

via Trade Compliance Resource Hub|
#digital-services-tax#reciprocal-tariffs#tariffs
world6 months ago

Canada revives U.S. trade talks after dropping digital services tax

Canada has decided to rescind its digital services tax on US tech companies to facilitate the restart of trade negotiations with the US, which had been strained by the tax and US threats of tariffs. The move aims to improve economic relations and avoid retaliation, with the tax originally intended to target large multinational tech firms operating in Canada.

via BBC|
#canada#digital-services-tax#tariffs
world6 months ago

Canada Withdraws Digital Services Tax to Boost U.S. Trade Negotiations

Canada has rescinded its digital services tax to facilitate renewed trade negotiations with the U.S., which were previously halted by President Trump in response to the tax on American tech firms like Amazon, Google, and Meta. The move aims to support a comprehensive trade agreement and is part of ongoing efforts to strengthen economic and security ties between the two countries.

via CNBC|
#canada#digital-services-tax#tech-companies