Around the Net
UK Plans 2% 'Digital Services' Tax On U.S. Tech Giants
- TechCrunch, Monday, October 29, 2018 3:14 PM
By April of 2020, the UK government plans to introduce a 2% “digital services” tax on tech giants like Amazon, Google and Apple, TechCrunch reports. Those digital services include advertising and streaming entertainment, but not online sales. “The UK government expects large companies, and not startups, to ‘shoulder the burden’ of the tax,” TC writes.
