Close Menu
OnlyPlanz –

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Women’s Euro 2025: What makes England and Wales’ Group D so tricky?

    July 5, 2025

    Stripe’s first employee, the founder of fintech Increase, sort of bought a bank

    July 5, 2025

    The Last of Us co-creator Neil Druckmann exits HBO show

    July 5, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Women’s Euro 2025: What makes England and Wales’ Group D so tricky?
    • Stripe’s first employee, the founder of fintech Increase, sort of bought a bank
    • The Last of Us co-creator Neil Druckmann exits HBO show
    • Why Sonakshi Sinha went against her parents’ wishes and had a small wedding: ‘Mom, this is not about any of them…’ | Feelings News
    • ‘The damage is terrifying’: Barbara Kingsolver on Trump, rural America and the recovery home funded by her hit novel | Fiction
    • Apple races to box office glory with Brad Pitt’s F1 blockbuster
    • Sam Altman Feels ‘Politically Homeless’ As Frenemy Musk Proposes Third Party
    • Charmed, Nip/Tuck and Fantastic Four actor dies aged 56
    Facebook X (Twitter) Instagram Pinterest Vimeo
    OnlyPlanz –OnlyPlanz –
    • Home
    • Marketing
    • Branding
    • Modeling
    • Video Creation
    • Editing Tips
    • Content
    • Engagement
    • More
      • Tools
      • Earnings
      • Legal
      • Monetization
    OnlyPlanz –
    Home»Earnings»Canada ditches tax on tech giants in bid to restart US trade talks | Canada
    Earnings

    Canada ditches tax on tech giants in bid to restart US trade talks | Canada

    onlyplanz_80y6mtBy onlyplanz_80y6mtJune 30, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Canada ditches tax on tech giants in bid to restart US trade talks | Canada
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Canada has rescinded its digital providers tax in a bid to advance commerce negotiations with the US, the nation’s finance ministry has introduced, days after Donald Trump ended commerce talks amid a dispute over the levy.Canadian prime minister Mark Carney and US president Donald Trump will resume commerce negotiations with a view in the direction of agreeing on a deal by 21 July, the ministry mentioned in an announcement late on Sunday.The US has been negotiating a commerce take care of Canada, one among its prime two world buying and selling companions, for months – however these negotiations appeared to hit a street block on Friday after Trump accused Canada of imposing unfair taxes on US expertise firms in a “direct and blatant assault on our nation”.He reiterated his feedback on Sunday, pledging to set a brand new tariff charge on Canadian items inside the subsequent week.The tax was set to be 3% of the digital providers income a agency takes in from Canadian customers above $20m in a calendar 12 months, and funds would have been retroactive to 2022. The primary funds on the tax have been due on Monday and would have price US tech firms, together with Alphabet, Amazon and Meta, an estimated $3bn.“Canada’s new authorities will all the time be guided by the general contribution of any doable settlement to the perfect pursuits of Canadian employees and companies,” Carney mentioned, including that the transfer would “help a resumption of negotiations.”“Rescinding the digital providers tax will permit the negotiations of a brand new financial and safety relationship with america to make very important progress,” mentioned François-Philippe Champagne, the minister of finance.Canada is the US’s second-largest buying and selling associate after Mexico, and the biggest purchaser of US exports. It purchased $349bn of US items final 12 months and exported $412bn to the US, in response to US Census Bureau knowledge.

    bid Canada ditches giants restart talks tax tech trade
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHonor 400 Lite review: cut-price but not cut-down
    Next Article Jurors in Sean ‘Diddy’ Combs’s sex-trafficking trial begin deliberations | Sean ‘Diddy‘ Combs
    onlyplanz_80y6mt
    • Website

    Related Posts

    Earnings

    Apple races to box office glory with Brad Pitt’s F1 blockbuster

    July 5, 2025
    Earnings

    Barnsley council set to give families £100 school uniform voucher

    July 5, 2025
    Tools

    ICYMI: the week’s 7 biggest tech stories from Spotify’s suspected AI band to Nothing’s first over-ear headphones

    July 5, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    5 Steps for Leading a Team You’ve Inherited

    June 18, 20255 Views

    A Pro-Russia Disinformation Campaign Is Using Free AI Tools to Fuel a ‘Content Explosion’

    July 1, 20253 Views

    Meera Sodha’s vegan recipe for Thai-style tossed walnut and tempeh noodles | Noodles

    June 28, 20252 Views
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Legal

    Women’s Euro 2025: What makes England and Wales’ Group D so tricky?

    onlyplanz_80y6mtJuly 5, 2025
    Monetization

    Stripe’s first employee, the founder of fintech Increase, sort of bought a bank

    onlyplanz_80y6mtJuly 5, 2025
    Tools

    The Last of Us co-creator Neil Druckmann exits HBO show

    onlyplanz_80y6mtJuly 5, 2025

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    Most Popular

    SLR reform is happening. Does it matter?

    June 18, 20250 Views

    Panthers in awe of Brad Marchand’s ‘will to win’ in Cup run

    June 18, 20250 Views

    CaliBBQ Saw 18% Sales Lift Using AI Agents for Father’s Day

    June 18, 20250 Views
    Our Picks

    Women’s Euro 2025: What makes England and Wales’ Group D so tricky?

    July 5, 2025

    Stripe’s first employee, the founder of fintech Increase, sort of bought a bank

    July 5, 2025

    The Last of Us co-creator Neil Druckmann exits HBO show

    July 5, 2025
    Recent Posts
    • Women’s Euro 2025: What makes England and Wales’ Group D so tricky?
    • Stripe’s first employee, the founder of fintech Increase, sort of bought a bank
    • The Last of Us co-creator Neil Druckmann exits HBO show
    • Why Sonakshi Sinha went against her parents’ wishes and had a small wedding: ‘Mom, this is not about any of them…’ | Feelings News
    • ‘The damage is terrifying’: Barbara Kingsolver on Trump, rural America and the recovery home funded by her hit novel | Fiction
    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Disclaimer
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 ThemeSphere. Designed by Pro.

    Type above and press Enter to search. Press Esc to cancel.