FILE PHOTO: A Google logo is shown at one of the company's office complexes in Irvine, California, United States, July 27, 2020. REUTERS/Mike Blake/File PhotoShare this contentBritain introduced the digital services tax in April after slow progress in global negotiations over how to tax tech giants, many of which are U.S. companies.
"We've been clear it's a temporary tax that will be removed once an appropriate global solution is in place – and we continue to work with our international partners to reach that goal," a finance ministry spokesman said.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK plans to drop 'Facebook tax'British finance minister Rishi Sunak plans to drop a tax on technology companies such as Facebook and Google because it does not raise much money ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
UK plans to drop 'Facebook tax': ReportLONDON (REUTERS) - British finance minister Rishi Sunak plans to drop a tax on technology companies such as Facebook and Google because it does not raise much money and could hurt a push for a US trade deal, the Mail on Sunday newspaper said.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
UK plans to drop 'Facebook tax', Mail on Sunday saysBritish finance minister Rishi Sunak plans to drop a tax on technology companies such as Facebook and Google because it does not raise much money ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Trump considering fast-tracking UK COVID-19 vaccine before election: ReportThe Trump administration is considering fast-tracking an experimental COVID-19 vaccine being developed by AstraZeneca Plc and Oxford University ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
UK government health advisers say missing school is greater risk to kids than COVID-19LONDON: The chief medical officers of the United Kingdom have said children should return to school after the summer holidays, warning that ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
UK govt health advisers say missing school is greater risk to kids than Covid-19LONDON (REUTERS) - The chief medical officers (CMO) of the United Kingdom have said children should return to school after the summer holidays, warning that missing out on their education posed much bigger risks to them than catching Covid-19.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »