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  5. BN: Canadian companies with US operations could be a target under the IRS section 891 to double taxes paid on their US operations in retaliation for our DST and UTPR according to tax experts here. [Brookfield Corporation Class A Limited Voting Shares]
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Q: Canadian companies with US operations could be a target under the IRS section 891 to double taxes paid on their US operations in retaliation for our DST and UTPR according to tax experts here. What Canadian companies are most at risk for this?

https://financialpost.com/news/economy/canadian-business-pay-price-digital-services-tax
Asked by Jeff on January 28, 2025
5i Research Answer:

This one is tricky. The DST will primarily impact multi national mega companies such as META and large private companies. Some companies with online presence (BCE and others) possibly could be impacted. The DST like any tax will raise prices and hurt consumers the most. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in META.

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