A high-tech industry coalition in the United States is urging President Joe Biden to take a hard line against Canada's approach to digital services.
The group says the proposed digital services tax unfairly targets U.S. companies and is offside with international efforts to establish a global standard.
And they fear the Online News Act, which would compensate Canadian news organizations and broadcasters, could violate the U.S.-Mexico-Canada Agreement. "It is critical for the United States to hold Canada accountable to its USMCA commitments to ensure the continued success of this important agreement."
The tax, designed to ensure tech giants pay their fair share of taxes in countries where they earn revenue without a physical presence, would only take effect next year if a new multilateral tax framework doesn't take shape by then. Precedent elsewhere is also a concern with the Online Streaming Act, which the associations say smacks of an effort to impose on the internet a regulatory scheme designed for the "traditionally restricted world of broadcasting."
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