The Digital Services Tax (“DST”), nicknamed the ‘Tech Tax’ in the media, will introduce a 2% charge from April 2020 on the revenues (not profits) generated by certain digital businesses from UK user participation. DST brazenly targets the likes of Facebook, Google and other so-called Tech Giants.
- What has been proposed
- How it will work in practice
- Who it targets
- What the key challenges are
- What the wider international implications are
- What the next steps are
This article was first published in LexisNexis. View the full PDF here.