Canada's Digital Services Tax Target

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Canadian digital services tax

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Canadian online regulation

torontosun

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Canada’s digital services tax, online regulation bills a likely Trump trade target

Summary

Nutrition label

79% Informative

The digital services tax requires large tech companies to make a hefty retroactive payment in June .

It imposes a three -per-cent levy on revenue that foreign tech giants generate from Canadian users.

The tax applies to companies that operate online marketplaces, online advertising services and social media platforms.

Under former U.S. president Joe Biden , the United States was already pushing back on the tax.

It could also use “the dispute resolution under CUSMA and the executive order to raise concerns and encourage Canada to delay or drop” the digital services tax. He said the U.S. could also use the reopening of the CUSMA negotiations to put the online streaming and news bills “on the table.”.

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Informative language

Neutral language

Article tone

formal

Language

English

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Offensive language

not offensive

Hate speech

not hateful