UK announces new digital tax for tech giants

UK announces new digital tax for tech giants

6 years ago
Anonymous $ZPWJA6-QD2

https://www.cnet.com/news/uk-introduces-new-digital-tax-for-tech-giants/

However, techUK, industry group, disagreed with this assessment of the policy.

"This approach risks undermining the UK's reputation as the best place to start a tech business or to invest," said techUK CEO Julian David in a statement. "The £500 million threshold the Chancellor proposed is low and risks capturing much smaller companies than anticipated."

UK announces new digital tax for tech giants

Oct 29, 2018, 9:25pm UTC
https://www.cnet.com/news/uk-introduces-new-digital-tax-for-tech-giants/ > However, techUK, industry group, disagreed with this assessment of the policy. > "This approach risks undermining the UK's reputation as the best place to start a tech business or to invest," said techUK CEO Julian David in a statement. "The £500 million threshold the Chancellor proposed is low and risks capturing much smaller companies than anticipated."