United Kingdom: Announced phase-out of DST following multinational tax agreement
Description
Announced phase-out of DST following multinational tax agreement
On 21 October 2021, the British Treasury announced a route for the repeal of the Digital Service Tax (DST). In light of the negotiations on a global tax system and an agreement with the US and other European governments, the Treasury intends to with…
Scope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
central government
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