Exclusive: UK willing to placate Trump with lower digital services tax rate also encompassing non-US companiesBig US technology companies have been offered a significant tax cut by Keir Starmer in return for lower tariffs from Donald Trump’s administration as the UK braces itself for a global trade war.The Guardian understands the UK government is willing to reduce the headline rate of its digital services tax (DST) in an attempt to placate the US president, while at the same time applying the levy to companies from other countries. Continue reading…
Source link : https://www.theguardian.com/us-news/2025/apr/01/starmer-offered-big-us-tech-firms-tax-cuts-in-return-for-lower-trump-tariffs
Author : Pippa Crerar, Heather Stewart and Richard Partington
Publish date : 2025-04-01 23:05:00
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Starmer offered big US tech firms tax cuts in return for lower Trump tariffs
