digital tax repeal

U.S. to Resume Trade Talks After Canada Drops Digital Services Tax

U.S. to Resume Trade Talks After Canada Drops Digital Services Tax

Washington/Ottawa, June 30, 2025: The United States will resume trade negotiations with Canada after Canada decided to scrap its planned digital services tax that targeted U.S. technology companies.The move came just hours before the tax was set to take effect. The decision clears a significant obstacle in efforts to finalize a new economic agreement between the two countries. Trade officials confirmed negotiations would restart immediately, aiming for a deal by July 21.Canada’s finance ministry announced that legislation would be introduced to repeal the Digital Services Tax Act. The tax, proposed in 2020, would have imposed a 3% levy on revenues…
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