2% digital services tax on digital platforms arrives in April 2020

October 30, 2018|In KRW Tax news|By Keith Witchell

In a measure designed to reduce tax leakage where multinational companies operate online platforms and pay little or no tax in the UK, a new 2% digital services tax will be levied on revenues from the UK market in relation to search engines, social media platforms, and online marketplaces.

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Keith Witchell