1 MIN AGO: Canada REINSTATES 3% Tech Tax — Silicon Valley HEMORRHAGES $680B as Big Tech FLEES

Описание: 1 MIN AGO: Canada REINSTATES 3% Tech Tax — Silicon Valley HEMORRHAGES $680B as Big Tech FLEES

Canada’s decision to reinstate a 3% Digital Services Tax marks a sharp assertion of tax sovereignty that has sent shockwaves through global tech markets, triggering a reported $680B selloff tied to Silicon Valley firms exposed to the policy. By taxing digital revenues generated from Canadian users—retroactively and in coordination with European partners—Ottawa directly challenged business models built on cross-border tax avoidance, revealing how dependent U.S. tech giants are on preferential fiscal treatment abroad. The move reframes digital taxation from a compliance issue into a geopolitical lever: Canada is signaling that access to its digital market now requires fiscal reciprocity, and that in an era of platform dominance, tax sovereignty can constrain corporate power just as effectively as regulation, forcing Big Tech to rethink headquarters, revenue structures, and long-term strategy.

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