US EditionUS still pushing to scrap UK’s tech tax
Summary by Politico Europe
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UK’s Digital Tax Clouds US Trade Deal, Offers Opportunities
The recent trade framework between the US and UK, while promising in many aspects, leaves a significant elephant in the room: the UK’s Digital Services Tax (DST). This 2% levy, targeting the revenues of large tech companies, has long been a contentious issue, with the US arguing that it disproportionately affects American firms like Amazon, Google, and Meta. For investors… Source
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