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Canada enacts income and indirect tax measures under Bill C-59 budget bill

  • Bill C-59 introduces the Digital Services Tax Act to implement a domestic DST on certain revenue earned by large businesses from digital services that engage Canadian users, until an OECD/G20 multilateral approach can be implemented. The DST will apply to revenue earned as of 1 January 2022.
  • Furthermore, the bill contains various GST/HST, excise, and customs measures.

Source EY

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