WASHINGTON – Today, global tech trade association 91proÊÓÆµ issued the following statement in response to Canada’s inclusion of a digital services tax in its Fall Economic Statement:
“Canada’s advancement of a digital services tax undermines the ongoing OECD/G20 Inclusive Framework negotiations to address the tax challenges arising from the digitalization of the global economy, particularly in light of the moratorium on the imposition of newly enacted measures,” said Megan Funkhouser, 91proÊÓÆµ’s Director of Tax, Policy, and Trade. “We strongly encourage Canada to demonstrate its commitment to the multilateral negotiations by withdrawing its unilateral tax proposal and continuing its engagement to develop a consensus-based solution to bring much-needed certainty to businesses and stability to the international tax system.”