The digital services tax (DST), described as a silent tax, indirectly harms SMEs by reducing their growth potential, ultimately impacting Canada's entrepreneurial landscape and economic development.
Conversations concerning the DST are crucial as they reflect the struggles of founders and the importance of fostering innovation. This underscores the mission of Startup Gov to connect entrepreneurs with government actors.
Startup Canada is dedicated to supporting over 130,000 entrepreneurs annually, emphasizing that the health of the Canadian entrepreneurship ecosystem relies heavily on favorable policy decisions like the repeal of the DST.
The implementation of the DST has sparked critical dialogue among founders and SMEs, highlighting the direct link between taxation and the capacity for businesses to innovate and compete effectively.
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