Computer & Communication Industry Association

Washington – A new analysis published by the CCIA Research Center finds that Canadian Bill C-59, which imposes a digital services tax of 3% on revenues from online marketplaces, online advertising, social media, and user data services, would cost U.S. businesses between $0.9 billion and $2.3 billion annually, leading to U.S. job losses that would impact between 1,207 and 3,140 American workers. These results suggest that not only would this lead to a reduction in export revenues and income for U.S. businesses and their shareholders, but would also reduce the U.S. tax base, harming U.S. gover...