UK to end digital services tax on US tech giants once global tax reform takes effect

clock • 3 min read
UK to end digital services tax on US tech giants after global tax reform takes effect
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UK to end digital services tax on US tech giants after global tax reform takes effect

In return, the US will remove the threat of retaliatory tariffs against Britain

The UK has agreed to phase out its digital services tax (DST) on US tech giants such as Amazon, Facebook and Google once a global reform to corporation taxation takes effect in 2023. The Treasury stated...

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