From: NoBody <NoBody@nowhere.com>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Canada folds under on it's Digital Service tax due to tariff threat from Trump
Date: Mon, 30 Jun 2025 13:34:57 -0400
Organization: A noiseless patient Spider
The Canadian government rescinded a digital services tax that was set
to take effect on Monday after President Donald Trump threatened to
break off trade negotiations between the U.S. and Canada over the tax.
Canada's government adopted its 3% digital services tax a year ago and
collections were due to begin on Monday. The tax applied to large tech
companies that made more than $20 million a year in revenue from
online marketplace services, online advertising, social media services
and certain sales of user data involving engagement with users in
Canada.
The digital services tax would apply regardless of whether the company
is headquartered in Canada, and also would've applied retroactively to
2022, putting a roughly $2 billion tax burden on major U.S. tech
companies that do business in Canada.
Canada's digital services tax elicited pushback from both the Trump
administration and the Biden administration, which was in office when
it was initially devised and said the proposed tax was inconsistent
with an existing trade agreement. Tech companies like Amazon, Meta,
Google and Apple opposed the tax.
https://www.foxbusiness.com/economy/canada-rescinds-digital-services-tax-us-what-why-did-trump-want-gone