NEWS TECHNOLOGY

Britain to hit tech giants with new digital services tax

By Digital Desk

Oct 30, 2018

34

The tax is only likely to affect 30 large companies. A spokesperson said the UK's Treasury was “treading softly” at first, but would keep the level of the tax under review. In his speech on Monday, Mr Hammond said: “The rules have simply not kept pace with changing business models.

reading, amazon, delivery — The tax is only likely to affect 30 large companies. A spokesperson said the UK's Treasury was “treading softly” at first, but would keep the level of the tax under review. In his speech on Monday, Mr Hammond said: “The rules have simply not kept pace with changing business models.

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