Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Canada plans to impose a 3% digital services tax on large tech companies in 2024, despite US opposition.
Canada will start applying a proposed tax on large tech companies in 2024 despite threats of trade reprisals from the US.
The digital services tax, currently before Canada's Parliament, will apply a 3% levy on the digital services revenue of companies with annual worldwide revenue of over C$1.1bn and taxable revenues from Canadian users above C$20m.
The tax is expected to raise C$5.9bn over five years starting in fiscal 2024/25.
The US opposes the plan as it singles out US firms.
19 Articles
Canadá planea imponer un impuesto a los servicios digitales del 3% a las grandes empresas tecnológicas en 2024, a pesar de la oposición de Estados Unidos.