Tag #Digital Services Tax

Showing 1 to 12 of 12 results

theglobeandmail.com
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Canada Scraps Digital Services Tax Amidst U.S. Trade Threat

Hours before its scheduled implementation, Canada cancelled its Digital Services Tax (DST) after U.S. President Trump threatened to halt all trade talks with Canada due to the 3% tax on tech giants' revenue from online services in Canada, which was to be collected retroactively to 2022.

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60% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Canada Rescinds Digital Services Tax Amidst U.S. Trade Dispute

Canada repealed its digital services tax (DST), which imposed a 3 percent levy on over $20 million in Canadian revenue from digital services earned by companies with at least $1.1 billion in global revenue, after U.S. President Trump threatened to end trade talks due to this tax, which would have co...

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44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Canadian Businesses Urge Delay of Digital Services Tax Amid U.S. Retaliation Threats

Canadian business groups are urging Prime Minister Justin Trudeau to delay the June 30th payment deadline for the Digital Services Tax (DST), fearing retaliatory tariffs from the U.S. under President Trump's "One Big Beautiful Bill Act," which could increase taxes on Canadian holdings of American as...

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52% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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EU-US Trade War: Services Surplus and Digital Regulations as Leverage

The US imposed 20% tariffs on EU imports due to a perceived goods trade deficit; however, the EU possesses a significant services surplus, potentially leading to retaliatory measures including the use of the Anti-Coercion Instrument (ACI) and the enforcement of new digital regulations against US tec...

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36% Bias Score

Reduced Inequality
es.euronews.com
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Europe Divided on Big Tech Taxes Amid US Tariff Threats

European nations are divided on taxing big tech companies, with the UK considering changes to its digital services tax while Poland pushes forward with its own, despite US threats of retaliatory tariffs under President Trump.

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32% Bias Score

Reduced Inequality
forbes.com
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White House Threatens Tariffs Over Foreign Digital Services Taxes on Big Tech

The White House issued a memo condemning foreign digital services taxes (DSTs) on American tech companies, threatening retaliatory tariffs unless these taxes are repealed, potentially sparking a trade war that disadvantages American consumers and businesses while protecting Big Tech's profits.

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60% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Canadian Executive's Cancer Battle Inspires Fundraising

RBC executive Chinyere Eni, battling bone cancer, inspired thousands at the Ride to Conquer Cancer, raising substantial funds for Princess Margaret Cancer Centre research over 18 years.

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44% Bias Score

Good Health and Well-being
theglobeandmail.com
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Canada Cancels Digital Services Tax Amid U.S. Trade Talks

Canada canceled its three per cent digital services tax on global tech giants, impacting companies like Amazon and Google, due to ongoing trade negotiations with the United States, causing confusion and potentially costing American companies around US$2 billion.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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U.S. Bill Threatens 50% Tax Hike on Canadian Investments

A proposed U.S. bill could increase withholding taxes for Canadian investors holding U.S. securities by up to 20 percentage points annually for four years, retaliating against Canada's digital services tax and potentially impacting over $3 trillion in Canadian investments.

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40% Bias Score

Reduced Inequality
politico.eu
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EU Weighs Digital Services Retaliation Against US Tariffs

The EU is considering retaliatory measures against the US for imposing tariffs, focusing on the digital services sector due to a trade deficit and the dominance of US tech giants in the European market; however, internal disagreements complicate a unified response.

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52% Bias Score

Reduced Inequality
bbc.com
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UK Weighs Digital Tax Changes to Avoid US Tariffs

The UK is considering changing its Digital Services Tax (DST), a 2% levy on large tech firms generating roughly £800 million yearly, to avoid further US tariffs threatened by President Trump for April 2nd, prompting criticism from the Liberal Democrats.

Progress

52% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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U.S. Targets Canada's Digital Services Tax

The U.S. administration, under President Trump, is targeting Canada's digital services tax, a 3% levy on foreign tech companies' revenue from Canadian users, potentially escalating trade tensions.

Progress

36% Bias Score

Reduced Inequality

Showing 1 to 12 of 12 results