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Started By
Message
Trump is right on Canada's Digital Services Tax
Posted on 6/27/25 at 2:01 pm
Posted on 6/27/25 at 2:01 pm
A 3 percent tax on companies doing business in Canada. And its 3 percent of REVENUE meaning it could easily be 15-20 percent of profit. F Canada.
5
Posted on 6/27/25 at 2:06 pm to 1609tiger
I'm in finance for a very large corporation. Their auditors HOUND you for information to make sure they are getting what they think they should.
Several countries in the EU and India are others.
Several countries in the EU and India are others.
This post was edited on 6/27/25 at 2:07 pm
Posted on 6/27/25 at 2:10 pm to 1609tiger
Plus it's retroactive from 2022. It'll be billions.
quote:
The first payments from Canada’s digital services tax, which was enacted last year and applies retroactively to 2022, are set to be collected Monday. The tax would hit both domestic and foreign tech companies, including U.S. giants such as Amazon
and Meta
.
Canadian officials said this month that they would not pause the digital services tax, despite ferocious opposition from the United States.
Posted on 6/27/25 at 2:11 pm to 1609tiger
quote:
A 3 percent tax on companies doing business in Canada. And its 3 percent of REVENUE meaning it could easily be 15-20 percent of profit. F Canada.
Maryland tried to do something very similar a few years ago
Posted on 6/27/25 at 2:31 pm to Mingo Was His NameO
Retroactive tax seems illegal
Posted on 6/27/25 at 2:32 pm to 1609tiger
Canada is a parasite. If you talk to their citizens they are also the most smug people you can imagine.
Posted on 6/27/25 at 3:57 pm to The Scofflaw
I agree. I never understood the whole “Canadians are the friendliest people on earth.” I’ve known more than a few and most are very smug. Even the ones I consider friends are normal, not especially nice. Where did this stereotype come from?
Posted on 6/27/25 at 7:36 pm to PNW_TigerSaint
quote:
I never understood the whole “Canadians are the friendliest people on earth.”
It is "politest". And they are polite. It's just that along with that politeness can be a shocking level of passive aggression.
Posted on 6/29/25 at 5:20 am to 1609tiger
Maybe wrong board, but I don’t understand this type of hate for Canada.
I don’t let others decide who I like or hate, Canada hasn’t done anything negative to me.
I enjoyed my time there.
Alright, I’ll let you get back to your hatred. Enjoy !
I don’t let others decide who I like or hate, Canada hasn’t done anything negative to me.
I enjoyed my time there.
Alright, I’ll let you get back to your hatred. Enjoy !
Posted on 6/29/25 at 6:26 am to Stamps74
Ok….
Posted on 6/29/25 at 6:59 am to Stamps74
quote:
Maybe wrong board, but I don’t understand this type of hate for Canada.
It’s more of a major political issue than anything you as a tourist would experience. Canadian politics are very left leaning and invasive compared to American politics recently
Posted on 6/29/25 at 12:50 pm to Upperdecker
just buy what we really need from them and hammer them on the other stuff.
Help american companies offset the need items. f them.
Help american companies offset the need items. f them.
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