- Canada will repeal the Digital Services Tax scheduled for collection on 30 June 2025
- The tax was a 3 percent levy
- Finance Minister François-Philippe Champagne stated the withdrawal aims to advance trade talks with the United States
- President Donald Trump had suspended negotiations and threatened tariffs in response to the tax
- Prime Minister Mark Carney and President Trump have directed negotiators to reach a deal by 21 July 2025
Source: globalvatcompliance.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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