UK targets tech giants over tax avoidance and VAT fraud

Britain would impose a withholding tax on such payments that could raise around 200 million pounds a year, he said.Hammond said he was targeting “digital businesses” but the description of the measure in his budget statement suggested they could cover all companies.คำพูดจาก Nhà Cái Casino Online

A 2012 Reuters investigation showed how inter-group royalties had helped fast food groups including McDonalds and Burger King reduce their tax bills.McDonalds (MCD.N) and Burger King, an arm of Canada-listed Restaurant Brands International Inc (QSR.TO) did not immediately respond to requests for comment on whether they would be affected.Hammond also said he would hold online marketplaces resp…