Canada rescinds tax hitting US tech firms: Government
Canada said Sunday it will rescind taxes impacting US tech firms in hopes of reaching a trade agreement with Washington, after US President Donald Trump called off talks with Ottawa in retaliation for the levy.
Canadian finance minister Francois-Philippe Champagne “announced today that Canada would rescind the Digital Services Tax (DST) in anticipation of a mutually beneficial comprehensive trade arrangement with the United States,” a government statement said.
