Britain bites FANGs with new 'Digital Services Tax'

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Britain bites FANGs with new 'Digital Services Tax'

Tax system hasn't kept pace with changing business models.

Britain said it would tax the revenue that online platforms such as Google , Facebook and Amazon make in the country to update a system that had not kept pace with changing digital business models. "It's clearly not sustainable, or fair, that digital platform businesses can generate substantial ...

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