The UK is in discussions with the US about slashing or abolishing altogether Britain’s digital services tax before April 2 as it seeks to avoid the worst of US President Donald Trump’s global tariffs.
US ambassador Lord Peter Mandelson told the Financial Times that the “tax itself is under discussion”, and signalled that a variety of options were on the table other than scrapping it entirely.
People briefed on the discussions said that the options being examined by the UK Treasury depended on whether the London received a clear offer from Washington to exempt the Britain from punitive tariffs.
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