Tech
Amazon ‘applauds’ Canada’s scrapping of tech tax
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Amazon said Tuesday it “applauds” Canada’s decision to scrap its digital services tax in order to salvage trade talks with the United States, calling it a win for the online retailer’s customers.
The digital services tax, enacted last year, would have seen US technology giants such as Amazon on the hook for a multibillion-dollar payment in Canada by Monday, analysts have said.
US President Donald Trump had slammed the tax and called off trade talks with Ottawa, which reversed course and binned the tax on Sunday.
The tax had been forecast to bring in 5.9…
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