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UK Considering New Tax for Online Sales

|Proposed Changes|United Kingdom
United Kingdom

UK HM Treasury is reportedly considering options for the introduction of a new online sales tax to increase revenue in light of the negative effects of the COVID-19 pandemic by taking advantage of the increase in online sales that has resulted from the pandemic. The new tax would be separate from the 2% Digital Services Tax (DST) introduced in April 2020 and would include the levy of 2% tax on …

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