Quote:
Originally Posted by calgarygeologist
The government was set to receive the first payments (approximately $2B USD) of the new Digital Services Tax tomorrow but in a late Sunday night move they have decided to scrap the DST.
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Elbows up! Good for Mag 7 holders.
https://www.canada.ca/en/department-...ed-states.html
News release
June 29, 2025 - Ottawa, Ontario - Department of Finance Canada
To support those negotiations, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced today that Canada would rescind the Digital Services Tax (DST) in anticipation of a mutually beneficial comprehensive trade arrangement with the United States. Consistent with this action, Prime Minister Carney and President Trump have agreed that parties will resume negotiations with a view towards agreeing on a deal by July 21, 2025.