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Industry Association Report Analyzes potential effects of Canadian DST on U.S. Businesses

06 May 2024

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Proposed Changes

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Canada-United States

The Computer & Communications Industry Association has published a report that analyzes the potential effects that Canada's proposed Digital Services Tax (DST) will have on U.S. businesses. The report's executive summary outlines the following on the DST and its potential effects: --- Canadian Bill C-59 would impose a digital services tax (DST) of 3% on revenues from online marketplaces, online advertising, social media, and user data services. Bill C-59's 3% DST would target activities in which U.S. businesses have a leading position and which drive a large share of potentially ICT enabled U.S. services exports to Canada, while not targeting...