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Canada Ditches Tech Tax After Trump Threat

The Wrap Monday, 30 June 2025 ()
Canadian Prime Minister Mark Carney scrapped a digital services tax that aimed to bring in $3 billion from companies like Amazon and Meta after President Trump called it a "blatant attack"

The post Canada Ditches Tech Tax After Trump Threat appeared first on TheWrap.
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News video: Canada BOWS DOWN to Trump’s PRESSURE | Rescinds Digital Tax after Trump ‘KILLED’ Trade talks

Canada BOWS DOWN to Trump’s PRESSURE | Rescinds Digital Tax after Trump ‘KILLED’ Trade talks 03:12

Canada has officially scrapped its controversial 3% Digital Services Tax after former U.S. President Donald Trump halted all trade talks and threatened new tariffs. The tax, set to target tech giants like Amazon, Google, and Meta, faced intense U.S. backlash. Finance Minister Champagne said...

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