Loading...
Market
Which US tech company will be the first to announce a reduction in services or price increase in Canada due to the digital-services tax by the end of 2024?
2
Resolution / Starting Odds
Google • 25%
Amazon • 25%
Meta • 25%
Other • 25%
Official announcements from the companies or reliable news sources
Story
Canada Enacts 3% Digital-Services Tax Amid US Reprisal Threat on June 28
Jul 4, 2024, 12:39 PM
Canada has authorized the implementation of a digital-services tax, which imposes a 3% levy on revenue from large foreign tech companies. This tax, retroactive to 2022, applies to revenues above C$20 million from Canadian users. The move has prompted warnings of trade retaliation from the Biden administration and Congress. A notice published late Wednesday indicated that the Trudeau-led cabinet enacted the tax on June 28.
View original story
Similar markets
Google • 25%
Amazon • 25%
Netflix • 25%
Other • 25%
Nvidia • 25%
Intel • 25%
AMD • 25%
Other • 25%
Amazon • 25%
Apple • 25%
Meta (Facebook) • 25%
Microsoft • 25%
Amazon • 25%
Meta • 25%
Apple • 25%
Other • 25%
Yes • 50%
No • 50%
Impose new tariffs • 25%
File a complaint with the WTO • 25%
Negotiate a settlement • 25%
No action taken • 25%
NVIDIA • 25%
Intel • 25%
AMD • 25%
Other • 25%
Amazon AWS • 25%
Google Cloud • 25%
IBM Cloud • 25%
Other • 25%
Google • 25%
Amazon • 25%
Meta • 25%
Other • 25%
Amazon • 25%
Shein • 25%
Temu • 25%
Other • 25%
Yes • 50%
No • 50%
Apple • 25%
Microsoft • 25%
Meta • 25%
No major company fined • 25%