Canada Is Sticking With a Planned Tax on Big Tech the US Opposes

Canada still plans to introduce a digital services tax in 2024 despite US opposition, Finance Minister Chrystia Freeland said.

Freeland, speaking by phone from the Group of 20 finance ministers’ meeting in India, said Canada had already made a “significant concession” in 2020 by agreeing to delay its plan for the new tax.

“Canada’s position is unchanged,” she told reporters. “It is really important for us to defend our national interests, and what we agreed to was a two-year pause.”

Her government has pledged to implement a new DST in early 2024, which would apply retroactively to Jan. 1, 2022 ...