Showed digital services tax, trump: This article explores the topic in depth.
Consequently,
Showed digital services tax. Moreover, trump:
A “scandalous tax”, Donald Trump is in a bad mood, and this Friday it is the Canadians who pay the price. Consequently, The American president announced the “immediate” break in “all commercial discussions” with Canada.
It reacts to the imminent entry into force of a digital services tax, set up by Ottawa. Furthermore, A “direct and obvious blow” brought to the United States, according to him.
“Due to this scandalous tax. However, we put an end to all trade discussions with Canada, with immediate effect,” he wrote on his platform Truth Social. Consequently, “We will tell Canada within seven days the customs duties they will have to pay to do showed digital services tax, trump business with the United States of America. ” he said.
A tax that targets the American tech giants – Showed digital services tax, trump
The Canadian tax. adopted in 2024, should start to be collected from June 30. It concerns digital companies achieving an annual global turnover greater than $ 1.1 billion Canadian dollars (around 750 million euros), and more than 20 million revenues generated in Canada. The targeted groups include Google. showed digital services tax, trump Apple, Meta, Amazon or Microsoft, accused of escaping tax via the intangible nature of their services.
Ottawa justifies this measure by the absence of an international tax framework on digital giants. The tax is presented as provisional. pending the outcome of the negotiations under the aegis of the OECD to harmonize the taxation of multinationals.
Our file on Donald Trump
The trade war is not really finished
This decision comes as commercial relations between Washington. Ottawa have already been under pressure since the return to power of Donald Trump last January. Canada is partially targeted by new customs duties decided by the United States. even if some of its exports remain protected by the free trade agreement, which links the two countries to Mexico.
Donald Trump also denounced the establishment of similar taxes by several European states. and intends to use this file as a lever in his discussions with the European Union.
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