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UK Confirms it Will Not Proceed with Online Sales Tax

|Approved Changes|United Kingdom
United Kingdom

UK HM Treasury has published the consultation outcome of its consultation on an Online Sales Tax (OST). Launched in May 2022, the consultation was meant to assess whether an OST could address tax imbalances reported by the retail sector, including a possible percentage of revenue approach or a flat fee per order approach. The consultation outcome confirms the government's decision to not proce…

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