Trump to counter Liberal’s digital tax by doubling corporate levies on Canadian companies

Trump may invoke a clause within the American tax code to double corporate taxes on Canadian businesses and individuals operating in the U.S. as a retaliatory measure to the Trudeau government’s DST.

Source: Facebook

Author: Quinn Patrick

U.S. President Donald Trump may invoke a clause within the American tax code to double corporate taxes on Canadian businesses and individuals operating in the U.S. as a retaliatory measure to the Trudeau government’s digital services tax.

The Liberals implemented the contentious tax last summer despite an onslaught of…