Higgins to Blinken: Canadian ‘underused housing’ tax inconsistent with USMCA
Canada’s tax on “underused housing” violates the U.S.-Mexico-Canada Agreement’s non-discrimination principle, House Ways & Means trade subcommittee member Brian Higgins (D-NY) told Secretary of State Antony Blinken last week. In a Feb. 9 letter , Higgins called on Blinken to object to the tax when the secretary next engages with Ottawa. “This tax subjects foreign non-resident property owners, including many of my constituents, to a 1% tax if their property is determined to be ‘underused,’” Higgins wrote. “At a time...