-
Canada withdrew its 3% Digital Services Tax on June 30 to ease tensions with the U.S. and support ongoing trade and security negotiations.
-
The DST faced strong opposition from the U.S., which views it as discriminatory against American tech giants and threatened trade retaliation.
-
The tax, approved in June 2024, would have applied retroactively from January 2022 to firms with €750M global and CAD20M Canadian revenues.
-
Canada was among the few countries resisting the OECD’s call for a one-year DST freeze pending Pillar 1 talks, but has now reversed course.
Sponsors:
