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Big tax bill looms for ‘Canvanauts’ after company shuffle

Amelia McGuire

A couple of weeks ago hundreds of current and former Canva employees received an email that detailed an “exciting step forward” for the $49 billion technology giant.

The email, which was punctuated with emojis, explained Canva had undergone a complex corporate restructure in preparation for a sharemarket listing in the United States.

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clarification

The original version of this story said the tax issue affected US citizens. However, it affects US residents and the story has been updated to reflect this.

Amelia McGuire covers technology from the AFR's Sydney newsroom. She was previously the aviation, tourism and gambling reporter for The Sydney Morning Herald and The Age. Connect with Amelia on Twitter. Email Amelia at a.mcguire@afr.com.au

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    Original URL: https://www.afr.com/technology/big-tax-bill-looms-for-canvanauts-after-company-shuffle-20250625-p5ma39