Retreat: Canada Scraps New Tech Levy After Trump Cuts Off Trade Talks

<![CDATA[Well, well, well. Three days ago, Canada insisted that it would keep its new digital services tax on American tech companies, despite a G-7 agreement to remove a reciprocal 'revenge' tax from the Big Beautiful Bill. In fact, the Canadian revenue authorities planned to start dunning tech companies operating in the country today, and to apply that tax retroactively to 2022. ]]>