AFP, OTTAWACanada is to impose a levy on Internet giants such as Amazon.com Inc, Google and Facebook Inc similar to France’s digital services tax that created tensions with Washington, two ministers said on Monday. “We’ve been very clear that we want to make sure that digital companies pay their fair share of taxes in our country,” Canadian Minister of Finance Bill Morneau told reporters. Minister of Canadian Heritage Steven Guilbeault said that Ottawa intends to roll out the tax “in the shortest amount of time possible,” without specifying an exact time line. Washington has said that the OECD talks are key to resolving the taxation issue and has threatened to impose tariffs on French products over that nation’s digital services tax. The French tax imposes a 3 percent levy on revenue earned by technology firms in France.

Source: Taipei Times December 10, 2019 15:56 UTC