Canada ditches tax on tech giants in bid to restart US trade talks
Monday, 30 June 2025 () With digital services tax rescinded, Donald Trump and Mark Carney agree to resume negotiations with a view to agreeing a deal by 21 July Canada has rescinded its digital services tax in a bid to advance trade negotiations with the US, the country’s finance ministry has announced, days after Donald…
Canada has officially scrapped its controversial 3% Digital Services Tax after former U.S. President Donald Trump halted all trade talks and threatened new tariffs. The tax, set to target tech giants like Amazon, Google, and Meta, faced intense U.S. backlash. Finance Minister Champagne said...
US President Donald Trump has said he is cutting off trade talks with Canada "immediately" as the country looks to start enforcing a tax policy targeting big tech companies.
Explained! Why President Trump abruptly ended all trade talks with Canada. Trump called Canada's Digital Services Tax a “direct & blatant attack” on U.S. firms. The tax, retroactive to 2022,..
In Episode 56 of The Tax and Money Show, Canada's leading income and corporate tax expert, Kevin J. Johnston, delivers a candid critique of the accounting profession. He asserts that a..