this post was submitted on 30 Jun 2025
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https://vancouver.citynews.ca/2025/06/30/canadians-react-to-cancelling-digital-services-tax/

Duh. No one elected them to go elbows down. Gonna be a short lived minority.

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[–] Oderus@lemmy.world 0 points 3 days ago (10 children)

I always thought he DST was stupid so to me this is nothing more than placating Trump.

[–] karlhungus@lemmy.ca 10 points 3 days ago (8 children)
[–] sbv@sh.itjust.works 7 points 3 days ago (5 children)

Canada's implementation is different from other countries':

  • It's retroactive to 2022 - so the corps in question would have to drop a big payout in the first year.
  • It's slightly higher than the UK tax that the yanks didn't call out. (3% vs. 2%)

I don't know if I would call it stupid, but that retroactive thing seems odd. I don't know much about corporate tax law, so maybe that's a thing? I dunno.

[–] leastaction@lemmy.ca 15 points 3 days ago

The idea was to give the Americans time to negotiate something before the tax came into effect. If they didn't do it in 3 years, I don't know why Carney thinks giving in will lead to any benefit for Canada.

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