Canada to Scrap Tax That Led Trump to Suspend Trade Talks
The government said on Sunday night that it would cancel its tax on American technology companies, handing a victory to the Trump administration.
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The government said on Sunday night that it would cancel its tax on American technology companies, handing a victory to the Trump administration.
Wind and solar companies were already bracing for Congress to end federal subsidies. But the Senate bill goes even further and penalizes those industries.
Demonstrators joined antigovernment marches across the country a year after huge rallies against a contentious tax plan left more than 60 people dead.
Critics contend that the measure will scare off the foreign investment that President Trump wants to attract.
Federal tax breaks have fueled a boom. The House bill would end that immediately.
After slashing foreign assistance and introducing steep tariffs, the Trump administration is proposing a new tax on remittances. African nations would be among the hardest hit.
Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.
Several news outlets have been unreasonably subjected to tax investigations, according to the city’s journalists’ association, adding to pressures on press freedom.
Over the last ten years, the EU has taken several key measures to combat aggressive corporate tax planning, aiming to curb the billions in revenue losses suffered by Member States.
A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and filling customs forms is closing on Friday. Meaghan Tobin, a correspondent for The New York Times covering business in…