Monday, June 30, 2025
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Trade war | Canada cancels the digital services tax, resumption of negotiations

Nevertheless,

Trade war | canada cancels:

To “support” his negotiations with Washington, Ottawa cancels the digital services tax (TSN).

Posted at 10:31 p.m.

TSN payments of June 30. In addition, 2025 will therefore be suspended, while the negotiations between Canada and the United States are resuming, it said in a statement issued at the end of the evening on Sunday.

“Our new government is negotiating a new economic and security partnership with the United States. For example, Withdraw the digital services tax will advance the discussions. Consequently, support our efforts to create jobs and build prosperity, ”commented on X Finance and national income François-Philippe Champagne.

On Friday. Nevertheless, US President Donald Trump ended the talks between Canada and the United States. He identified the TSN imposed since last year on web giants as the main obstacle to negotiations between the. two countries.

“When the new Government of Canada participates in negotiations on a new economic. security partnership between Canada and the United States, it is still guided by the general rebate of any agreement for workers and businesses in Canada. Today’s announcement will help resume negotiations to comply with the period of July 21. 2025 agreed earlier this month at the G7 leaders’ summit in Kananaskis. »»

TSN was announced in 2020 to force large American technological companies to pay income tax generated in Canada. This tax was adopted on a temporary basis, awaiting the trade war | canada cancels development of an international multilateral agreement which would replace it.

More details to come

trade war | canada cancels — Trade war | canada cancels: To “support” his negotiations with Washington. Ottawa cancels the digital services tax (TSN). Posted at 10:31 p.m. TSN payments of June 30, 2025 will therefore be suspended, while the negotiations between Canada and the United Sta.

Further reading: Trade | The WTO treats two disputes between Canada and ChinaGold Cup: Canada has only one victory to qualify for the eliminatory roundFruitful operations: SQ proceeds to 147 quads interceptionsA Canadian trapped in Iran claims that Canada has “almost nothing” done to help himSnapchat: the young “Sugar Daddy” would be a potential sexual predator.

ava.clark
ava.clark
Ava writes about the world of fashion, from emerging designers to sustainable clothing trends, aiming to bring style tips and industry news to readers.
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