Tags: newspapers | media | tax | paper

Newspapers Change Tune When Tax Burden Falls on Them

Image: Newspapers Change Tune When Tax Burden Falls on Them
(Lane Erickson/Dreamstime.com)

By    |   Tuesday, 02 January 2018 11:01 AM

If you think President Trump has an antagonistic relationship with the press now, just wait until his administration slaps a new 30 percent tax on newsprint.

Seriously. That’s the threat America’s newspaper publishers are warning about, with the Commerce Department’s International Trade Administration set to issue a preliminary determination by March 7, 2018, on whether Canada’s export into the United States of “certain uncoated groundwood paper” meets the legal tests to qualify for countervailing duties under the Tariff Act of 1930.

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If you think President Trump has an antagonistic relationship with the press now, just wait until his administration slaps a new 30 percent tax on newsprint.
newspapers, media, tax, paper
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2018-01-02
Tuesday, 02 January 2018 11:01 AM
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