Digital Services Tax

The U.S. has said it wants to establish a unified approach for a minimum tax level that would prevent multinational companies from exploiting tax rules.

The tax is a 3 percent levy aimed at foreign firms—many of which are based in the U.S.—that earn revenue from Canadian subscribers and contributors.

The U.S. has said it wants to establish a unified approach for a minimum tax level that would prevent multinational companies from exploiting tax rules.

The tax is a 3 percent levy aimed at foreign firms—many of which are based in the U.S.—that earn revenue from Canadian subscribers and contributors.