U.S. president not making much fuss over Canada's 3% tax on web giants, Trudeau says
BNN Bloomberg
Canada's tax on Netflix and other foreign digital services companies may be a major irritant for the U.S. tech sector, but Prime Minister Justin Trudeau says it doesn't seem to be much concern to President Joe Biden.
In a year-end interview with The Canadian Press, Trudeau said "not once" did Biden indicate that the digital services tax, which is set to go into effect on Jan. 1, was a significant worry for the White House.
The prime minister said he was poised to defend the policy, which is widely opposed on Capitol Hill. David Cohen, the U.S. ambassador to Canada, warned in October about the risk of a "big fight" over the three per cent levy.
"I understand that Americans may not be very happy that we are going to do it, but we have promised to do it," Trudeau said. He said he was prepared with "all sorts of responses" had Biden raised the upcoming tax.