United Kingdom: Retroactive implementation of digital service tax for certain companies
Description
Retroactive implementation of digital service tax for certain companies
The British parliament retroactively adopted the digital services tax of 2% on revenue generated through "digital services activities" attributable to a UK user. The tax is imposed on companies reaching certain global and domestic revenue thresholds…
Scope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
Hide details
2018-10-29
under deliberation
2020-04-01
in force
Key regulatory dimensions
Regulated subjects
The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type
Private organisation
Economic activity
platform intermediary: user-generated content
Category
All
Policy change by business practice
The detailed activities within the scope of this policy or regulatory change.
digital good (any form): hosting: display
Regulatory tool
Subordination under digital service tax
Sanctions
Regulated subjects
1