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UK to consider opposition to digital tax in pursuit of U.S. trade deal
Reuters ^ | March 2, 2020 12:18 PM | Paul Sandle, William James

Posted on 03/03/2020 8:16:51 AM PST by Olog-hai

A 2% levy on the money major tech firms make from British users had been expected to be introduced next month.

It has been strongly opposed by Washington, however, which has said any such tax would be discriminatory and inappropriate.

“We note comments regarding digital taxation and will consider this as part of our policy development,” the British government said in its mandate for trade talks with the United States. […]

France had considered a similar digital tax, but it agreed in January to suspend down payments after Washington threatened to retaliate with tariffs on French wine. …

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; United Kingdom
KEYWORDS: amazon; digitaltax; facebook; google

1 posted on 03/03/2020 8:16:51 AM PST by Olog-hai
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To: Olog-hai

ya think........


2 posted on 03/03/2020 8:19:02 AM PST by Sacajaweau
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