US tech giants saved billions with Canada backing off its digital services tax

businessinsider.com/canada-digital-tax-cost-us-tech-giants-billions-each-year-2025-6

Canada scraps digital services tax after trade threat from President Donald Trump.
Kevin Lamarque/REUTERS
Canada scrapped a digital services tax after a trade threat from President Donald Trump.
The tax would have cost US tech firms billions each year and $3 billion in retroactive…

This story appeared on businessinsider.com, 2025-07-01 03:00:47.
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