Home / news / UK could drop plans to tax tech firms in rush to secure US trade deal – Boris Johnson’s plans for a multibillion-pound tax on tech companies such as Google and Facebook may be dropped in the post-Brexit rush to secure a trade deal with the US, trade experts have suggested.

UK could drop plans to tax tech firms in rush to secure US trade deal – Boris Johnson’s plans for a multibillion-pound tax on tech companies such as Google and Facebook may be dropped in the post-Brexit rush to secure a trade deal with the US, trade experts have suggested.

UK could drop plans to tax tech firms in rush to secure US trade deal – Boris Johnson’s plans for a multibillion-pound tax on tech companies such as Google and Facebook may be dropped in the post-Brexit rush to secure a trade deal with the US, trade experts have suggested.

View Reddit by ManiaforBeatlesView Source

2 comments

  1. This is the best tl;dr I could make, [original](https://www.theguardian.com/politics/2019/dec/04/uk-could-drop-plans-to-tax-tech-firms-in-rush-to-secure-us-trade-deal-google) reduced by 78%. (I’m a bot)
    *****
    > Boris Johnson's plans for a multibillion-pound tax on tech companies such as Google and Facebook may be dropped in the post-Brexit rush to secure a trade deal with the US, trade experts have suggested.

    > Doubts have emerged about the government's ability to raise taxes on one of the US's largest export industries at the same time as securing a wide-scale trade deal with the US. David Henig, the director of the UK trade policy project at the European Centre for International Political Economy thinktank, said one option could be that Britain trades a digital sales tax in return for the removal of tariffs on British goods.

    > A source with knowledge of the regulatory strategies of multiple tech firms echoed the view of the trade experts, saying the companies expected the digital sales tax would be dropped in US-UK trade negotiations.

    *****
    [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/e6gvct/uk_could_drop_plans_to_tax_tech_firms_in_rush_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ “Version 2.02, ~447238 tl;drs so far.”) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr “PM’s and comments are monitored, constructive feedback is welcome.”) | *Top* *keywords*: **trade**^#1 **tax**^#2 **tech**^#3 **firm**^#4 **digital**^#5

  2. Post brexit? Did i miss something? Has there been any progress on the key issues of brexit?

Leave a Reply