United Kingdom: Announcement of digital service tax
Description
Announcement of digital service tax
The Chancellor of the Exchequer announced the introduction of a digital service tax. The tax will be applied to companies with global revenue of over 500 million GPB and are profitable. The target will be specific digital platform business models. T…
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
other regulatory body
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