Hammond targets US tech giants with 'digital services tax'

Hammond targets US tech giants with 'digital services tax'

6 years ago
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https://www.theguardian.com/uk-news/2018/oct/29/hammond-targets-us-tech-giants-with-digital-services-tax

Tax aimed at likes of Amazon and Google but OBR says it might raise just £30m from each

The government has announced a special digital services tax on US technology firms – including Google, Facebook and Amazon – to make sure “these global giants with profitable businesses in the UK pay their fair share”.

Hammond targets US tech giants with 'digital services tax'

Oct 30, 2018, 9:14am UTC
https://www.theguardian.com/uk-news/2018/oct/29/hammond-targets-us-tech-giants-with-digital-services-tax > Tax aimed at likes of Amazon and Google but OBR says it might raise just £30m from each > The government has announced a special digital services tax on US technology firms – including Google, Facebook and Amazon – to make sure “these global giants with profitable businesses in the UK pay their fair share”.