UK Government releases digital services tax draft legislation

Matthew Herrington & Kristy Rockall take a look at draft legislation published by the United Kingdom Government on its proposed digital services tax (DST).

The United Kingdom (UK) Government has published draft legislation on its proposed digital services tax (DST) as part of the draft clauses for Finance Bill 2019-20. This follows the announcement made in the 2018 budget that the UK would introduce a tax designed to address the misalignment between where profits are taxed and where the value is created by UK user participation in the digital businesses context. A consultation on the matter closed in February this year.Types of digital services ...

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Published Date: 17 July 2019