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Britain's finance ministry denied a report that it planned to drop a tax on technology companies such as Facebook and Google.
FILE PHOTO: A Google logo is shown at one of the company's office complexes in Irvine, California, United States, July 27, 2020. REUTERS/Mike Blake/File Photo
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LONDON: Britain's finance ministry denied a report that it planned to drop a tax on technology companies such as Facebook and Google.
Britain introduced the digital services tax in April after slow progress in global negotiations over how to tax tech giants, many of which are U.S. companies.
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The Mail on Sunday newspaper reported that finance minister Rishi Sunak planned to drop the tax because it does noRead More – Source