Canada’s Trudeau Proposes French-Style Digital Services Tax

Sept. 30, 2019, 12:12 PM UTC

Canada would implement a digital service tax from April 2020 if Justin Trudeau is re-elected prime minister, risking a confrontation with the U.S., which opposes such taxes.

The policy would “replicate the proposed digital services tax announced by the French government,” according to a campaign proposal relating to the ruling Liberal Party’s manifesto. It would apply a 3% value added tax to companies with revenue over C$1 billion ($755 million).

  • The U.S. has threatened France and other countries with retaliatory action over digital taxes, which it feels are discriminatory because they mostly affect American technology multinationals.
  • Liberal Party manifesto ...

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools.