A high-tech industry coalition in the United States is urging President Joe Biden to take a hard line against Canada’s approach to digital services. The group says the proposed digital services tax unfairly targets U.S. companies and is offside with international efforts to establish a global standard. In a letter to Biden, they also complain…
Take Hard Line on Canada’s Digital Tax, Online Laws, Tech Associations Urge Biden
Canada to Delay Its Digital Services Tax for OECD’s Global Corporate Tax
The Canadian government will postpone and possibly scrap its digital services tax on Big Tech after signing a global pact with 135 other countries to overhaul the way large multinational companies are taxed. The agreement, reached by members of the Organisation for Economic Co-operation and Development (OECD) on Oct. 8, imposes a global minimum corporate…
US Retaliates Against UK Over Digital Services Tax Dispute
The Biden administration has threatened to impose 25 percent tariffs on British exports to the United States in retaliation for a UK digital services tax (DST) on major technology companies that came into effect on April 1. Its aim is to raise around £236 million ($325 million) per year, which is the estimated equivalent of…
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