Canada Planning to Impose Digital Services Tax if International Tax Reform Fails to be Implemented by 2024

Canada's Department of Finance has published a statement from Deputy Prime Minister and Minister of Finance, Chrystia Freeland, welcoming the agreement reached on international tax reform by the OECD Inclusive Framework. The statement also notes that to ensure that Canadians' interests are protected in any circumstance, Canada will move ahead with legislation for the enactment of a Digital Services Tax (DST) by 1 January 2022. The DST would be imposed from 1 January 2024, but only if the tre…