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Industry group: Canadian DST could cost U.S. businesses $2 billion per year

May 2, 2024 at 12:33 PM
A proposed Canadian digital services tax could cost U.S. businesses up to $2.3 billion per year, the Computer and Communications Industry Association says in a new analysis, arguing such a measure could lead to job losses in the U.S. and set a harmful precedent. The analysis , published by CCIA, focuses on Canadian bill C-59, which would impose a digital services tax of 3 percent. It is up for consideration in the Canadian House of Commons. Countries involved in the...

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