- Canada is negotiating a new economic and security partnership with the United States
- The Digital Services Tax will be rescinded to support these negotiations
- Prime Minister Carney and President Trump aim to agree on a deal by July 21, 2025
- The DST was initially introduced in 2020 to tax large technology companies
- Canada prefers a multilateral agreement on digital services taxation
- The June 30, 2025 collection of the DST will be halted
- Legislation to rescind the Digital Services Tax Act will be introduced
- The government aims to benefit Canadian workers and businesses through these negotiations
Source: canada.ca
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.
