Cable & Telecom

Minister of Finance announces 3% Digital Services Tax (again)

By Denis Carmel OTTAWA – In her 2021 economic and fiscal update, delivered on Tuesday, Deputy Prime Minister and Minister of Finance, Chrystia Freeland provided an update on proposed tax measures including a Digital Services Tax (DST). First announced in the 2020 fall economic statement, more details were presented in Budget 2021, which launched a consultation of stakeholders that was held between April 19, and June 18, 2021. “The government has a strong preference for a multilateral approach to addressing the tax challenges arising from today’s digital economy,” the economic statement reads. “In the interim, to protect the interests of...