Britain to consider taxing digital giants' revenue

Posted in: Government & Policy at 15/03/2018 14:41

Britain said it was considering taxing the revenues of internet companies like Facebook and Google until international tax rules are changed to cope with digital firms that can shift sales and profits between jurisdictions.

Finance minister Philip Hammond said on Tuesday he had published a paper setting out proposals for taxing global digital firms before a meeting with his G20 counterparts later this week.
https://uk.reuters.com/article/us-britain-budget-internet-tax/britain-to-consider-taxing-digital-giants-revenue-idUKKCN1GP2B7

Also see:

London Mayor Sadiq Khan says big tech companies and regulators have failed us all
London Mayor Sadiq Khan shared death threats he received on Twitter to add a personal note to a speech at South by Southwest criticizing big tech companies and regulators for failing to stem the spread of hate, misinformation and radical viewpoints online.
washingtonpost.com/news/the-switch/wp/2018/03/12/london-mayor-sadiq-khan-says-big-tech-companies-and-regulators-have-failed-us-all/

Read more now


Registrar Solutions