Donald Trump claims the UK’s Digital Services Tax overwhelmingly targets US tech giants. New data obtained by TaxWatch shows otherwise.
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Donald Trump claims the UK’s Digital Services Tax overwhelmingly targets US tech giants. New data obtained by TaxWatch shows otherwise.
The UK is weighing the future of its Digital Services Tax (DST), under pressure from US trade threats. From the White House to the tech sector, the DST has been described as a discriminatory ‘tariff’ almost entirely targeting large US internet companies. No-one seems to have asked whether that’s actually true. New data obtained by TaxWatch show that nearly 40 percent of the companies subject to the UK DST are not headquartered in the US at all, contrary to claims made by politicians and the tech industry itself.
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