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CompTIA Statement on Investigation into Digital Service Taxes

Jun 2, 2020


The Computing Technology Industry Association (CompTIA), the leading trade association for the global information technology (IT) industry, issued the following statement from Cinnamon Rogers, executive vice president of advocacy, regarding the investigation launched today with respect to Digital Services Taxes (DSTs) by the Trump Administration:
 
"CompTIA supports the Administration’s efforts to find a balanced approach to digital taxation across the globe. DSTs are particularly harmful during this moment in time given they handicap foreign direct investment and free trade, both of which are important for a global economic recovery. CompTIA supports the United States’ continued leadership in the OECD as they work to reach a multilateral solution for addressing international tax rules for digital companies."

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Fast Facts

  • $2 trillion – Estimated direct economic impact of the U.S. tech industry, representing 8.8% of the national economy.

  • 582,000 – Number of tech business establishments in the U.S.

  • 9.1 million – U.S. net tech employment at the end of 2022.

  • 286,400 – Estimated number of new technology jobs added in the U.S. in 2022.

  • 4.1 million – Number of postings by U.S. employers for tech job openings during 2022.