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The UK’s tech tax isn’t safe yet.
Yesterday’s much-hyped trade deal between the US and UK was all about cars and beef, with no sign of a rumored reduction in the British Digital Services Tax, which bills the biggest tech companies based on their revenue. US negotiators haven’t given up on it though. “That’s a very big deal to President Trump,” said White House trade adviser Peter Navarro, who doesn’t sound like a fan either:
“Digital taxes has spread like a bad virus around the world, but it started in Europe, and it basically targets American companies, I can say it in no other way.”
US still pushing to scrap UK’s tech tax
[politico.eu]
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