Washington D.C. – National Foreign Trade Council (NFTC) Vice President for International Tax Policy Anne Gordon today issued a statement following the introduction of legislation in Canada to repeal its digital services tax (DST).
“We welcome the news that Canada is taking the necessary steps to fulfill its commitment from earlier this year by formally introducing legislation to repeal its DST – a move that will hopefully bring both countries closer as they continue their engagements across a number of multilateral and bilateral forums, including the first USMCA review.
“The Trump Administration and Congress have made it clear that they will not tolerate discrimination against American companies. We encourage countries that currently have or are considering these unprincipled measures to follow Canada’s lead.”
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About the NFTC
The National Foreign Trade Council (NFTC) is the premier business association advancing trade, tax, national security and supply chain policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses, who account for over $6 trillion in revenue and employ nearly 6 million people in the United States.