Will Britain back down on the digital services tax?
The Trump White House has been complaining about Britain’s digital services tax for months. But now it is ramping up the pressure, calling on Andy Burnham’s new government to scrap the levy. Will Chancellor John Healey surrender?
The US has long taken umbrage with the digital services tax, which is levied at 2 per cent on the revenues of tech giants such as Google and Amazon. Because the companies targetted by the tax happen to be almost exclusively American, the White House sees it as discriminating against the country’s most successful companies. In a strongly worded attack this week, Jamieson Greer, the US trade representative, insisted........
