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  5. BHC: Perhaps I wasn't crystal clear in my earlier question on these 3 - Canadian companies with US operations could be a target under the IRS section 891 to double taxes paid on their US operations. [Bausch Health Companies Inc.]
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Q: Perhaps I wasn't crystal clear in my earlier question on these 3 - Canadian companies with US operations could be a target under the IRS section 891 to double taxes paid on their US operations. What Canadian companies might be affected by 891 in retaliation for our Digital Services Tax to pay more US tax?

https://financialpost.com/news/economy/canadian-business-pay-price-digital-services-tax
Asked by Jeff on January 29, 2025
5i Research Answer:

Sorry also we missed the context of the question. IF things do get ugly, companies such as TRI, BAM, BN, WSP, CCL.B, CP, BHC, TFII, TD and others could be in the cross hairs. We do think Trump is going to focus on tariffs first before going after obscure clauses. 

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