Trump warns UK: drop tax proposal on US tech companies or forget a free trade deal

Monday, August 5th 2019 - 09:01 UTC

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The administration of U.S. President Donald Trump has told Britain it will not get a free trade deal unless it drops a new tax proposal for major U.S. tech companies, the Telegraph newspaper reported late on Friday.

Britain had said in October it would tax the revenues of companies such as Alphabet Inc's Google , Facebook Inc and Amazon.com Inc to create a fairer tax system that had not kept pace with changing digital business models.

U.S. officials are demanding that Britain drops the new 'Digital Services Tax' before it becomes law in autumn, according to the report.

Categories: Economy, Politics, International, United States.

Tags: Britain, Donald Trump, free trade deal, Google, United Kingdom, United States.

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imoyaro
The question is, why are you commenting?
Aug 07th, 2019 - 09:12 am +1
Wyvern
The question is why is this piece appearing in Mercopenguin, a British government propaganda organ supposedly devoted to America, South America and the “South Atlantic”?
Aug 09th, 2019 - 01:35 am -1
Pab
The question is why is this piece appearing in Mercopenguin, a British government propaganda organ supposedly devoted to America, South America and the “South Atlantic”?
Aug 07th, 2019 - 02:42 am -2

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