Canada defends US exemption from global minimum tax deal
Carve-out for big American companies was agreed when Ottawa held G7 presidency
Carve-out for big American companies was agreed when Ottawa held G7 presidency

Trump administration says high levies imposed on partners are ‘locked in’

Beijing and several European countries hold up deal to exempt US multinationals from OECD tax regime

Government leaders from across the political spectrum are working together to safeguard the country’s long-term prosperity

Industry minister tells FT she wants ‘level playing field’ for Canadian and EU companies

Scott Bessent says deal with G7 will stop so-called Pillar 2 taxes from applying to American companies

Mark Carney announces initiative amid trade tensions with the US