Senate Finance Committee Chair Ron Wyden, (D-Ore.), and Ranking Member Sen. Mike Crapo, (R-Idaho), called on U.S. Trade Representative Katherine Tai to make clear the United States will forcefully defend American employers against discriminatory taxes being proposed by Canada.
Canada is moving forward with a 3 percent tax on large digital services companies, which the senators assert would be levied almost exclusively on American companies. It goes into effect in 2024, but is retroactive to 2022.
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