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The Verge
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Big Tech’s tax bill is on the table in tariff talks
- The UK is considering sacrificing the Digital Services Tax in trade talks with the US.
- UK negotiators have offered to water down the DST in exchange for lower tariffs.
- This move could benefit Silicon Valley tech giants and put pressure on other governments to follow suit.
- Instead of taxing profits, the DST taxes tech companies at a rate of 2 percent based on UK user revenue.
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