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LAST UPDATE: July 1, 2025


Tech Industry Cheers Canada’s Withdrawal of Digital Tax

WSJ

The tech sector, including giants like Google, Meta, and Amazon, praised Canada’s decision to rescind its 3% digital-services tax, which would have cost the industry billions annually. U.S. trade and business groups had lobbied heavily against it.

Insight

The move reflects the growing influence of U.S. tech lobbyists and highlights Canada’s dependence on U.S. diplomatic and economic pressure. It may also prompt other countries with similar taxes to reassess their positions, given the potential for cross-border trade implications .

Related Countries:CanadaUSGlobal

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