Canada will press ahead with introduction of a digital services tax on large technology companies, which would raise C$5.9 billion ($5.5 billion) over the five years starting fiscal 2024/25, its federal budget showed. Seeking to address the challenge of taxing digital giants like Google parent Alphabet and Amazon.com that can book their profits in low-tax countries, Canada had held off for two years to allow for the conclusion of talks on a global treaty on taxing multinationals. Negotiations though are dragging. Washington opposes the plan on the grounds th
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