Proton acquires Standard Notes to expand its service ecosystem
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Canada Considering Digital Services Tax Targeting Largest Tech Companies
Canada’s Parliament is considering a tax on digital services revenue that would impact the world’s biggest tech companies. The legislation would cover companies’ digital services revenue made from Canadian users, imposing a 3% tax on the revenue above 20 million Canadian dollars (about $14.5 million), Bloomberg reported Wednesday (April 17). It would apply only to companies […]
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Canada follows Europe with digital services tax likely to hit Apple
Canada is introducing a new digital services tax starting this year, which will see foreign tech giants like Apple and Google receive tax demands for income earned in Canada but not currently taxed there. This follows the example of several European countries, including France, Italy, and the UK – and is designed to address tax avoidance more