Britain welcomes US commitment to tax on digital companies

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

LONDON: Britain welcomes the United States' renewed commitment to reaching an agreement on how large digital companies are taxed, a spokesman ...

LONDON: Britain welcomes the United States' renewed commitment to reaching an agreement on how large digital companies are taxed, a spokesman for Prime Minister Boris Johnson said on Monday, adding such firms should pay tax that reflects their activities.

"Reaching an international agreement on how large digital companies are taxed is a priority, and we welcome the U.S.'s renewed commitment to reaching a solution," the spokesman told reporters."It's crucial that any agreement ensures digital businesses pay tax in the UK that reflects their economic activities," he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines