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Friday, 2 April 2021

The Digital Sales Tax War

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©iStock/dubassy
The Biden administration has warned it could slap 25% tariffs on British exports to the US after the UK levied a digital services tax on major technology companies.
Brought in last April, the digital services tax levies a 2% charge on the revenues of search engines, social media services and online marketplaces.

Complicated.  Read more here.



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