Buy Canadian (media): “close the tax loophole” revisited
1 Articles
1 Articles
Buy Canadian (media): “close the tax loophole” revisited
Inauguration Day: the Trump-Tech photo that just won’t quit March 5, 2025 Canadian news outlets have chosen an opportune moment to revive a long standing proposal to update a federal tax law that incentivizes Canadian advertisers to patronize Canadian online media instead of US tech. The decades-old section 19 of the Income Tax Act allows businesses to deduct corporate expenditures on advertising placed in Canadian print, radio and television me…
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