US EditionCanada Looks Weak to U.S. by Backpedaling on Digital Services Tax – Brooks Bulletin
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5 Articles
Letters to the editor: ‘Utilize a well-used Trump tactic: Ignore any previous agreements, do a complete about-face and reintroduce the digital services tax.’ Letters to the editor for July 10
In today’s letters to the editor: Donald Trump and Mark Carney; Preston Manning; Alberta MPs; tax hikes; bipolar disorder; millionaire lifestyle; British Post Office scandal; good ol’ encyclopedias; Canadian tourism
Giving Donald Trump Some of His Own Medicine on Services Trade - Centre for Future Work
The Canadian government recently abandoned its new Digital Services Tax (DST), which since January 1 2024 had collected a 3% levy on all revenue in Canada from sales of digital advertising or marketplace services. The companies which dominate this industry (like Google, Meta, Amazon, or AirBnB) typically avoid most or all normal corporate income tax, by shifting revenue and profits from countries like Canada to tax havens where taxes are low or…
Canada looks weak to U.S. by backpedaling on digital services tax – Brooks Bulletin
LORNE GUNTEREDMONTON JOURNAL There are so many things wrong about the Liberals’ climbdown from the digital services tax (DST) announced late last Sunday evening.For one, they look like they played chicken with U.S. President Donald Trump and lost. They swerved first.That makes them (and the whole country) look weak. Trump will now be back again and again with new demands because he knows he can threaten to cut off trade talks or jack up tariffs …
CCIA Releases Data on Costs of Countries’ Digital Services Taxes on U.S. Companies
Washington – In a significant development last week, Canada and the United States reached an agreement that will result in Canada rescinding its discriminatory Digital Services Tax, which targeted mostly U.S. tech companies. The decision was announced hours before U.S. companies would have had to pay about $2.7 billion in retroactive taxes ahead of the June 30 deadline. Now other countries that enacted Digital Services Taxes are facing questions…
Dirk Wiese, the SPD's first parliamentary manager, contradicts calls from the CDU/CSU to forgo a digital tax on companies like Amazon or Google. Large tech companies repeatedly evade their responsibilities with very low tax rates and therefore need to be taxed more heavily, Wiese told RTL and ntv. "Those who actually earn a lot of money can be asked to pay more." Wiese acknowledged that a digital tax could not be implemented immediately due to t…
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