Reeves weighs tech tax overhaul to avert US tariffs

Reeves weighs tech tax overhaul to avert US tariffs

City A.M.

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The UK government is exploring potential adjustments to its digital services tax (DST) to avert further tariffs from the US, Rachel Reeves confirmed. The DST, which targets global tech heavyweights like Meta, Google and Amazon, has raised around £800m a year since its introduction in 2020. Yet, with President Donald Trump set to announce new [...]

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