Money - International
UK to consider opposition to digital tax in pursuit of US trade deal
An employee answers phone calls at the switchboard of the Google office in Zurich August 18, 2009 Reuters

LONDON, March 2 — Britain said today it would consider opposition to its plan to impose a new digital tax on big tech companies like Google, Facebook and Amazon as part of its ambition to agree a free trade deal with the United States.

A 2 per cent  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. — Reuters

Related Articles

 

You May Also Like