Canada optimistic about digital services tax agreement with US ...Middle East

OTTAWA (Reuters) – Canadian Finance Minister Chrystia Freeland said on Tuesday she was cautiously optimistic about settling a dispute with the United States about Ottawa’s planned digital services tax (DST) on large technology companies. The digital services plan aims to address the challenge of taxing digital giants like Alphabet and Amazon.com that can book their profits in low-tax countries. The U.S. government has repeatedly objected to the planned Canadian tax. Washington says it unfairly singles out U.S. firms, and urged Ottawa to scrap the plan. “I was in Washington last week and we did have some good conversations about the DST, including a

Hence then, the article about canada optimistic about digital services tax agreement with us was published today ( Wednesday 01/11/2023 - 03:20 AM ) and is available on canadian news today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Canada optimistic about digital services tax agreement with US )

Also on site :

• Ukraine-Russia war latest: Zelensky awaits Putin response to new peace plan while Christmas Eve blast kills 3 in Moscow
• JCPenney Has a 'Stunning' White Sapphire Jewelry Set on Sale for Just $16, and It's Perfect for Every Occasion
• ‘Adopt-a-Grandparent’: DJ’s Christmas event reminds nursing home residents that somebody cares