Stock Groups

U.S. opposes Canada’s digital services tax proposal -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: The Canada-United States border crossing, at Thousand Islands Bridge in Canada, is closed to all traffic. This was done to counter the spread and coronavirus infection (COVID-19), which has been ravaging Lansdowne, Ontario.

(Reuters) – The United States Trade Representative (USTR), said Tuesday that it opposes Canada’s plans to enact a tax on digital services (DST) in Canada and urged Canada not to take such a move.

In a statement, the USTR office announced that it had urged Canada to stop considering unilateral action and to instead redouble their commitment to rapid implementation Pillar One under the Oct 8 OECD/G20 accord and to negotiations for a multilateral agreement.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]