Netflix-, Amazon-Style Services in Focus in Canada Tax Proposal
- Trudeau to hit streaming and digital services with sales tax
- Government’s move aims to address complaints about loophole
This article is for subscribers only.
Canada’s finance department unveiled plans to levy new taxes on foreign technology companies to increase government revenue amid rising deficits.
Finance Minister Chrystia Freeland has proposed charging a sales tax beginning July 1 on foreign companies that sell goods and services online in Canada. Other measures include new levies on short-term accommodation.