Market news
30.10.2018, 07:03

UK's Hammond: Will Introduce Digital Services Tax

  • Digital Tax To Come Into Effect In April 2020

  • New Tax on UK-Generated Revenues of Specific Digital Platform Business Models

  • Established Tech Giants to Shoulder Burden of New Digital Tax

  • Digital Services Tax Only Paid by Companies Which Are Profitable

  • Digital Services Tax Will Only Be Paid by Cos Generating GBP500M/Year in Global Revenues

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