Canada sees path forward on global digital services tax deal

FILE PHOTO: Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to media after presenting the federal budget on Parliament Hill in Ottawa, Ontario, Canada March 28, 2023. REUTERS/Blair Gable/File Photo

OTTAWA (Reuters) - Canada sees a path forward in reaching international consensus on digital services taxes, and a decision to not back a global agreement on freezing the implementation of domestic taxes was taken in the national interest, Finance Minister Chrystia Freeland said on Tuesday.

Last week, most countries with planned digital services taxes agreed to hold off applying them for at least a year longer than what was agreed initially as a global tax deal to replace local taxes was pushed back.