Booking Holdings Records $31 Million Canada Digital Tax Benefit

Booking Holdings Inc. has banked a $31 million dollar benefit from old digital services tax payments in Canada after the country scrapped its levy on internet firms.

The “sales and other expenses” item in the Netherlands-based hotel and short-let booking services group’s 10-Q report Tuesday declined as a proportion of total revenue in the first three months of 2026 from a year earlier.

The reduction, it said, was “primarily” due to a $31 million benefit following the repeal of Canada’s digital services tax and related to payments in prior years.

• Canada formally repealed its DST on March 26, ...