Will Britain follow France’s lead in delaying the introduction of a digital services tax?

Implementing the tax risks the US responding with punitive tariffs on British goods in a future trade deal. 

France has agreed to delay the introduction of its digital services tax to the end of the year following diplomatic and economic pressure from the United States – will the British government go the same way?

The risk of going ahead with the tax on global tech giants such as Facebook is that the United States will respond with punitive tariffs on British goods, putting yet another barrier between the United Kingdom and a meaningful US-UK trade deal.

The French...
source: New Statesman

2020-01-24 13:56
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