Just hours before Canada’s new Digital Services Tax was set to go into effect, the Canadian government announced that it rescinded the levy “in anticipation of a mutually beneficial comprehensive trade arrangement with the United States.”
Canada scrapped the Digital Services Tax after U.S. President Donald Trump on Friday had blasted Canada’s 3% Digital Services Tax as “direct and blatant attack on our Country.” Trump, in a post on social media, said that because of the “egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately.”
Related Stories
Late Sunday (June 29), the Department of Finance Canada announced the
→ Continue reading at Variety
