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@cbcwatcher I guess giving up the digital services tax last June and the counter tariffs and getting nothing in return wasn’t enough? Canada should just keep giving up more concessions before we even get to the table? Makes complete sense😵💫
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@gilmcgowan My understanding is that it’s even worse. The US govt taxes the Canadian profits at over 10%. If Canada adds 3% the US taxes are reduced by 3% as company’s can claim the foreign tax. It’s really the US Govt that looses 3%, which is only fair. Trump = GREED
@mgeist I run a small business and pay tax on every dollar. I wish it was 3%. The USA has no problem taxing these companies over 10% on profits earned in Canada. 3% is a pittance and still leaves the US Govt charging over 7% on these companies Canadian profits.
@Acyn Perhaps they should look a little deeper. Canada is not taxing America when it applies the digital tax. Netflix makes XXX profits in the US. In addition it makes Y in Canada. Canada wants them to pay 3% taxes on the money they are taking from Canadians.
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