Trump says he's ending 'all discussions on trade with Canada' effective immediately
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It is a corporation tax, not the sales tax.
They are using the turnover to estimate tax liability because taxing profits achieved in a single country by digital multinationals is bordering on impossible (and too easy to avoid).
Yup. Companies avoid paying taxes in one country by getting their divisions in other, lower tax countries to charge the one in the high tax country so much for intellectual property and branding etc that they make a loss in the high tax country, which in some countries entitles them to a tax rebate. It's insane.
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I'm telling ya! ICE is running out of money, and tariffs are collected by the DHS instead of the IRS. I'm betting tariffs are going under the table to fund it
Yes, and that's not even under the table.
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Lol oil. Railcar from Alberta to BC, onto a tanker to Mexico, then railcar back up to Montana for the refineries that are tooled specifically for tar sands oil.
Sure it's expensive, but oil from across the pond is about to be as well, or did Iran back down on that?
I’d like someone to do the maths for me how much energy will be used versus how much is created after all that…
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That means nothing. He will taco. Then Canada will get even more pushed away from our once great partnership.
Remember how Trump fucked up the election in Canada for the conservatives? They literally had it in the bag. But Taco showed up with his tiny mushroom dick.
If people could stop putting that man’s meat and two veg in my head, that would be great…
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Canada geese are my favorite bird. I see them by the lake all the time. They are perfectly well-behaved, until you deliberately try to piss them off.
When I was 4 or 5 I went to the zoo with school and the woman who was showing us round starts telling us about these Canadian Geese and my teacher asked where they were from …the employee dryly says “Canada, would you believe…”.
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Thursday, Canada signs huge rare earth mineral mining deal with
IcelandGreenland, humiliating Trump.Friday, Trump throws a tantrum.
Do you mean Greenland or did they do some deal with Iceland?
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Do you mean Greenland or did they do some deal with Iceland?
Ugh. No, you're right. Greenland.
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Yup. Companies avoid paying taxes in one country by getting their divisions in other, lower tax countries to charge the one in the high tax country so much for intellectual property and branding etc that they make a loss in the high tax country, which in some countries entitles them to a tax rebate. It's insane.
Which is why most of the multinationals should be taxed on turnover in a country taxing them.
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"We will let Canada know the Tariff that they will be paying..."
How has he still not learned that it is Americans and American businesses that pay the tariffs.
Right, but he can't raise income tax very much, and he needs money to give to all the rich fuckers, so a big federal sales tax "disguised" as a tariff is a decent way to raise funds.
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Right, but he can't raise income tax very much, and he needs money to give to all the rich fuckers, so a big federal sales tax "disguised" as a tariff is a decent way to raise funds.
Don't need to raise the income tax. The government makes up the money. Could simply turn on the printers and give to the billionaire. The cruelty is the point as it always is.
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U.S. President Donald Trump said Friday he's terminating all trade discussions with Canada effective immediately.
"We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period," Trump said in a social media post.
He says he's pulling back from the bilateral trade discussions because Canada plans to move ahead with its digital services tax (DST), which requires web giants pay a special tax.
Set to take effect on June 30, the DST requires U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users — a policy enacted by former prime minister Justin Trudeau's government that the Parliamentary Budget Office projects will bring in billions of dollars in revenue.
Well lets see I wonder what the reason for this could be. Could it be the deal we signed with Greeland on Thursday? Could it be the 2.5bil US companies owe us on Monday? Could it be the fact they murdered one of our Citizens? gee which one could it be?
Fuck em and fuck that country. I hate Nazi's and it makes my stomach churn that I have to live above a nation full of them.
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As an embarrassed American, I would urge you to boycott any remaining goods until such time as we're not a Nazi shithole. Might be a while.
Don't worry... already on it.
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U.S. President Donald Trump said Friday he's terminating all trade discussions with Canada effective immediately.
"We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period," Trump said in a social media post.
He says he's pulling back from the bilateral trade discussions because Canada plans to move ahead with its digital services tax (DST), which requires web giants pay a special tax.
Set to take effect on June 30, the DST requires U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users — a policy enacted by former prime minister Justin Trudeau's government that the Parliamentary Budget Office projects will bring in billions of dollars in revenue.
Good. I was a bit worried that we'd make some concessions to end the tariffs. Once you've paid the Dane-geld you'll never get rid of the Dane. We have other partners to trade with.
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U.S. President Donald Trump said Friday he's terminating all trade discussions with Canada effective immediately.
"We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period," Trump said in a social media post.
He says he's pulling back from the bilateral trade discussions because Canada plans to move ahead with its digital services tax (DST), which requires web giants pay a special tax.
Set to take effect on June 30, the DST requires U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users — a policy enacted by former prime minister Justin Trudeau's government that the Parliamentary Budget Office projects will bring in billions of dollars in revenue.
Meh...I need to go for a shit.....RS
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Ugh. No, you're right. Greenland.
It's easy to remember which one is which, Iceland is green and Greenland is covered in ice.
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It's easy to remember which one is which, Iceland is green and Greenland is covered in ice.
I was so focused on making fun of Trump that I messed it up.
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U.S. President Donald Trump said Friday he's terminating all trade discussions with Canada effective immediately.
"We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period," Trump said in a social media post.
He says he's pulling back from the bilateral trade discussions because Canada plans to move ahead with its digital services tax (DST), which requires web giants pay a special tax.
Set to take effect on June 30, the DST requires U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users — a policy enacted by former prime minister Justin Trudeau's government that the Parliamentary Budget Office projects will bring in billions of dollars in revenue.
If I were say... Disney, I'd consider planning a Canada Disney Land due to all the missed non-American's avoiding tourism in Florida. Just Sayin'...
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Ugh. No, you're right. Greenland.
Iceland = Bjork, Greenland != More ice-covered land than green.
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U.S. President Donald Trump said Friday he's terminating all trade discussions with Canada effective immediately.
"We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period," Trump said in a social media post.
He says he's pulling back from the bilateral trade discussions because Canada plans to move ahead with its digital services tax (DST), which requires web giants pay a special tax.
Set to take effect on June 30, the DST requires U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users — a policy enacted by former prime minister Justin Trudeau's government that the Parliamentary Budget Office projects will bring in billions of dollars in revenue.
We will let Canada know the tarrif that US citizens will pay to get Canadian products. That's what he means, though he is too much a dumbass to know it.
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Canada geese are my favorite bird. I see them by the lake all the time. They are perfectly well-behaved, until you deliberately try to piss them off.
- Sitting too close to the water with a nice sandwich can be interpreted as deliberately pissing them off.
