Federal government prepared to move forward with digital tax, Budget 2022 says

Still supports international plan to address tax challenges OTTAWA – Budget 2022, tabled yesterday, includes a note the government is prepared to move forward with legislation for a Digital Services Tax (DST) – a 3% tax on certain revenue earned by some digital services, which was first announced in 2020. Since 2021, Canada has also been working with over 100 other jurisdictions on a two-pillar solution to address tax challenges brought on by the digitalisation of the economy. “Canada strongly supports international efforts to end the corporate tax race to the bottom, ensure that all corporations pay their fair share,...