Big US tech firms such as Amazon, Google and Facebook must pay a ‘fair’ amount of tax on their UK revenues, Boris Johnson insists
BIG US tech firms must pay a “fair” amount of tax on their UK revenues, Boris Johnson insisted yesterday.
Online giants such as Amazon, Google and Facebook are all due to pay a two per cent rate from next April, leaving the US furious.
America is demanding the so-called digital services tax is ditched — if the UK wants a free trade deal.
The levy could raise £400million by 2022, but the White House sees it as a “tax grab” against big US firms.
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PM Mr Johnson yesterday said: “Frankly, we must do something to tax fairly and properly the online businesses that have such colossal sales in our country.
“We must do something to ensure we tax them properly.
“I am open to discussion about how we do that and I am willing to listen to our American friends about the modalities but we must do something to tax them fairly.”