COMMENTARY: How a U.S. Supreme Court ruling could modernize Canada's tax system

IN THE LAST FEW MONTHS, several countries have considered the idea of levying taxes on digital companies. But because these companies can operate from virtually anywhere, a digital tax would require updating old tax rules that only allow governments to tax companies that have a physical presence in the country.The United States Supreme Court’s recent revision of a long-established jurisprudence is likely to influence digital tax discussions around the world. The court overturned a 26-year-old precedent and ruled that a state can require sales taxes from companies with no physical presence in the state.Law professors and economists had vigorously called for such a decision....