UK's Hammond: Will Introduce Digital Services Tax

Market news

30 October 2018

UK's Hammond: Will Introduce Digital Services Tax

Digital Tax To Come Into Effect In April 2020
New Tax on UK-Generated Revenues of Specific Digital Platform Business Models
Established Tech Giants to Shoulder Burden of New Digital Tax
Digital Services Tax Only Paid by Companies Which Are Profitable
Digital Services Tax Will Only Be Paid by Cos Generating GBP500M/Year in Global Revenues

The U.S. Treasury Department expects total debt issuance in 2018 of $1.338 trillion, which would be the highest issuance since $1.586 trillion in 2010

Japan unemployment rate declined 0.1% to 2.3% in September

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