Digital Technology: Taxation

Treasury written question – answered on 10th September 2020.

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Photo of Chi Onwurah Chi Onwurah Shadow Minister (Business, Energy and Industrial Strategy), Shadow Minister (Digital, Culture, Media and Sport)

To ask the Chancellor of the Exchequer, for what reasons two per cent was considered the appropriate level of taxation for the Digital Services Tax.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

The Digital Services Tax (DST) is a temporary response to concerns with international corporate tax rules. A 2% DST is considered a proportionate measure for ensuring that digital businesses pay an appropriate level of tax in the UK pending reform of these rules.

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