- Canada has enacted a 3% digital service tax
- The tax applies to certain revenue earned by large businesses from digital services reliant on Canadian users
- The tax includes revenue from online marketplace services, online advertising services, social media services, and user data
- The thresholds for the tax include total revenue and Canadian in-scope revenue
- The implementation of the tax was authorized by Canada’s federal government in June 2024
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
