Canada has said its DST would only come into effect if a multilateral tax agreed to by OECD countries isn’t in place by 2024. The OECD approach would implement a global minimum corporate tax rate of 15 per cent.
Cohen told the Post “when you look at the countries that do not agree with that position, they are not countries that you would normally think Canada wants to be a part of. They are a combination of autocracies and Third World countries.” “I’m a glass-half-full-kind of guy. I do believe in civility and am optimistic that if you treat people well and make your case in a compelling fashion, then in the end you will work things out.”Article content
But he said there is nothing in the digital trade chapter of the USMCA “that allows for some particular type of sanctioning or mechanism,” meaning there is no obvious measure specifically targeting digital trade the U.S. could take.
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