Finance Minister Chrystia Freeland tabled a package of tax measures today that includes provisions for a digital services tax, a plan that is strongly opposed by business groups and the Biden administration.
The Liberal government first proposed a DST three years ago but has been delaying its implementation in the hope that an international deal would be reached that would determine how online-based multinationals should be taxed in the digital economy.
Ms. Freeland tabled a ways and means motion Tuesday, which is a precursor to a government bill that will implement parts of last week’s fall economic statement and remaining elements from the March budget.
The DST would be a 3-per-cent tax on certain revenue earned by large businesses from certain digital services. It is primarily aimed at large digital service providers such as Amazon, Google, Netflix and Spotify.
Full story here by Deputy Ottawa Bureau Chief Bill Curry.
