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submitted 1 year ago* (last edited 1 year ago) by sik0fewl@kbin.social to c/canada@lemmy.ca

Canada still plans to introduce a digital services tax in 2024 despite U.S. opposition, Chrystia Freeland said.

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[-] MooseGas@kbin.social 1 points 1 year ago

They have been increasing prices. They have also removed basic services and account sharing.

It's not taxed on net income, but gross revenue. Semantically, it's a "revenue" tax with the same effect as a sales tax. They collect $100 and get to keep $3. I appreciate the wishful thinking, but it will passed on to customers.

The Canadian solution to every problem is always "more tax".

[-] EhForumUser@lemmy.ca 4 points 1 year ago* (last edited 1 year ago)

The Canadian solution to every problem is always “more tax”.

Well, traditionally it is: Establish a monopoly/monopsony.

But with US companies already entrenched, it is a little late for that. "More tax" is our fallback plan.

this post was submitted on 19 Jul 2023
97 points (97.1% liked)

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