Canada wants feedback on a newly revised version of a digital services tax as well as draft legislation to implement a global minimum tax, according to a statement released Friday by the Canadian Department of Finance.
The government published a revised draft of proposed digital service tax legislation, which was originally written in 2021. The measure is a 3% tax—which could be imposed as early as 2024—on Canadian and non-Canadian companies that generate revenue from “certain” digital services they provide to online users in the country.
The measure is meant to target large companies making more than 750 million euros ...
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