Source Feed: The Globe and Mail
Author: Anja Karadeglija
Publication Date: June 30, 2025 - 06:35
Canada cancelled its digital services tax. What was it and why did the U.S. hate it?
June 30, 2025
Tech giants such as Amazon AMZN-Q and Google GOOGL-Q will not have to shell out close to $2-billion as expected Monday, as Canada moved to cancel the controversial digital services tax on Sunday, just one day before the first payment was due.
The announcement from Finance Minister François-Philippe Champagne came late Sunday evening, following a phone call between Prime Minister Mark Carney and U.S. President Donald Trump.
Unpublished Newswire
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