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Canada to rescind digital services tax to revive U.S. trade talks

The federal government says it will rescind its digital sales tax ‘in anticipation’ of a trade agreement with the U.S. This decision comes three days after President Donald Trump announced he was terminating talks with Canada immediately unless Ottawa scrapped the tax on American tech companies. The announcement came in a late-night news release on Sunday, which said the June 30 collection of the tax would be halted and Finance Minister Francois-Philippe Champagne would bring legislation forward soon to rescind the tax.

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