LONDON : A levy imposed by Britain on the revenues of big tech companies such as Google, Facebook and Amazon in 2020 as a stopgap measure pending an international tax agreement risks becoming permanent, a group of tax experts said on Wednesday.The levy was introduced after concerns were raised about low l
LONDON : A levy imposed by Britain on the revenues of big tech companies such as Google, Facebook and Amazon in 2020 as a stopgap measure pending an international tax agreement risks becoming permanent, a group of tax experts said on Wednesday.
The Chartered Institute of Taxation , representing tax professionals, said there was little sign of a breakthrough in international talks brokered by the Organisation for Economic Co-operation and Development, despite a headline deal in 2021.
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