0
Broadband

Hammond warns UK will go it alone with Digital Sales Tax

Tuesday 2 October 2018 | 10:00 CET | News
UK Chancellor Philip Hammond has warned that the time for talking about how to properly tax digital businesses is coming to an end and that urgent action is now needed to tackle the problem, reports BBC News.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Countries: United Kingdom
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

EU countries block digital sales tax proposals - report

Published 30 Nov 2018 10:34 CET | Europe
An alliance of Ireland, Germany, Denmark and Sweden have blocked an EU proposal to impose a tax on digital sales, reports the ...

EU states divided over digital services tax proposal

Published 06 Nov 2018 17:13 CET | Europe
The EU countries remain divided on a proposal from the European Commission to implement a new digital tax on larger online groups ...

US politicians, business groups attack UK digital sales tax plans

Published 01 Nov 2018 10:12 CET | United Kingdom
Politicians and business groups in the US have attacked plans by the UK Government to impose a digital sales tax on big ...

UK to introduce Digital Sales Tax from April 2020

Published 29 Oct 2018 21:20 CET | United Kingdom
UK Chancellor Philip Hammond has announced plans for a 2 percent digital services tax on large social media platforms, search ...

Tech companies seek Brexit assurances from UK government

Published 25 Oct 2018 09:21 CET | United Kingdom
The UK chiefs of technology companies Google, Facebook and Microsoft have used a meeting with government ministers in London on ...

Facebook paid GBP 15.8 million tax in UK in 2017

Published 09 Oct 2018 11:16 CET | United Kingdom
Facebook paid GBP 15.8 million tax in the UK in 2017, on total sales of GBP 1.3 billion, reports The Guardian. ...

EU members warn digital sales tax violates international tax treaties

Published 08 Oct 2018 11:35 CET | Europe
Ireland, Finland, Sweden and the Czech Republic have made a joint submission to the European Commission (EC) opposing the ...

French officials open to more favourable terms for Ireland over EU digital tax

Published 10 Sep 2018 11:01 CET | Europe
French officials quoted by Reuters have expressed their support for compensating Ireland over lost revenue resulting from the ...

German finance ministry still weighing options for taxing internet companies

Published 05 Sep 2018 11:02 CET | Germany
The German Federal Finance Ministry (BMF) has denied reports that Finance Minister Olaf Scholz has abandoned plans to make ...

EU aims at deal on digital tax by year end

Published 05 Sep 2018 10:43 CET | Europe
European Union finance ministers will this week discuss proposals to adopt a tax on companies' digital turnover by the end of the ...

G20 ministers make little progress on digital taxation

Published 23 Jul 2018 11:59 CET | World
Leaders of the G20 countries said they aim to have an agreement on taxation in the digital economy by 2020. However, the final ...

Tech industry calls on EU leaders to reject digital tax plan

Published 26 Jun 2018 09:26 CET | Europe
Tech industry groups have called on European leaders to reject a proposal to impose a new digital tax in the EU and work instead ...

Austrian government contemplates digital tax without EU

Published 19 Jun 2018 12:00 CET | Austria
The Austrian government is thinking of levying a digital tax on large companies such as Google, Facebook and Amazon, even if no ...

Dutch Lower House rejects EU proposal to tax internet companies

Published 17 May 2018 15:37 CET | Europe
The Dutch Lower House of Parliament does not agree with the European approach of taxing large internet companies such as Google, ...

Spain looking to raise EUR 2.1 bln by 2019 with new digital tax

Published 02 May 2018 15:56 CET | Spain
Spain has announced its intention to introduce its own tax on digital companies with a view to funding state pensions. "The idea ...

Ireland could lose up to EUR 160 mln a year through EU digital tax plans

Published 02 May 2018 11:33 CET | Ireland
The EU's proposed digital economy tax could cost Ireland up to EUR 160 million in lost tax revenue, reports the Irish Times....

EU digital tax proposal faces opposition from several states

Published 30 Apr 2018 09:13 CET | Europe
EU member states are backing away from a European Commission proposal to impose a new revenue tax on digital service providers ...

EU unveils plans for 3% tax on online services

Published 21 Mar 2018 13:13 CET | Europe
The European Commission has unveiled its proposals for increasing tax collected on digital services such as online advertising. ...





Calendar   /   Industry Events

15 Oct Broadband World Forum 2019
16 Oct Netflix Q3 2019
16 Oct Limelight Networks Q3 2019
16 Oct Dtac Q3 2019
16 Oct Crown Castle Q3
16 Oct Berec stakeholder forum
17 Oct Ericsson Q3 2019, Investors day
17 Oct Elisa Q3 2019
17 Oct Telia interim report
17 Oct Central European Media Q3 2019
17 Oct Tele2 Q3 2019
18 Oct Digi Q3 2019
21 Oct Logitech fiscal Q2
21 Oct Brand Marketing and Digital Summit
22 Oct DNA Q3 2019
22 Oct Grameenphone Q3 2019
22 Oct Snap Q3
22 Oct Calix Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct AT&T Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Telenor Q3 2019
23 Oct Millicom Q3 2019
23 Oct Netgear Q3
23 Oct Microsoft fiscal Q1
23 Oct Annual Customer Service Summit
::: More Calendar Items