Technology: Taxation

Question

The UK remains committed to reaching a global solution on the taxation of the digital economy through Pillar 1 of the G20-OECD Inclusive Framework project. The UK has fully implemented Pillar 2 of the project which ensures all multinationals are subject to a minimum rate.

The Digital Services Tax (DST) is an interim tax measure to ensure that digital services providers pay UK tax on digital services that reflects the value they derive from UK users. It is UK’s intention to repeal our Digital Services Tax (DST) when Pillar 1 of the OECD project is in place.