Friday, April 3, 2020

UK aims to raise £500M annually through Digital Service Tax

With the Finance Bill, 2020, the Government of the UK has decided to launch Digital Service Tax (DST) with effect from 1 April 2020. 2% Value-Added Tax (VAT) will be levied on the service providers. The decision was made despite the strong pressure from the United States. With the introduction of the Digital Service Tax, […]

The post UK aims to raise £500M annually through Digital Service Tax appeared first on Taxscan | Simplifying Tax Laws.



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