Canada U-turns on digital tax: Big win for Trump, relief for US tech giants
- Posted on June 30, 2025
- By Financial Express
- 1 Views
Canada U-turns on digital tax: Big win for Trump, relief for US tech giants
The DST was a 3% levy targeting large multinational digital companies, particularly U.S.-based tech giants like Amazon, Google, Meta, and Apple. The tax applied to firms generating more than $20 million in annual revenue from Canadian sources through digital services such as online advertising and e-commerce.
