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                            <title><![CDATA[ Latest from Next TV in Britain ]]></title>
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                                                            <title><![CDATA[ ITI Pans UK Digital Services Tax ]]></title>
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                            <![CDATA[ ITI Pans UK Digital Services Tax ]]>
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                                                                        <pubDate>Thu, 01 Nov 2018 18:56:55 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Policy]]></category>
                                                                                                <author><![CDATA[ john.eggerton@futurenet.com (John Eggerton) ]]></author>                    <dc:creator><![CDATA[ John Eggerton ]]></dc:creator>                                                                <dc:description><![CDATA[ http://cdn.mos.cms.futurecdn.net/ETjt8sjZcQr97v7yakQ4hP.jpg ]]></dc:description>
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                                <p>While Britain is exiting the EU, it is joining the league of nations looking to tap into global digital commerce.<br/><br/>Tech Association ITI, which represents edge giants including Google, Amazon and Apple, is hammering the UK over the decision this week to propose a 2% digital services tax, which could affect digital revenues from ad space, online sales, sales of user data and more.<br/><br/>"Our position is simple: The U.K.’s decision to tax digital service will chill economic investment, slow job growth, and work against its government’s goal of becoming a technology hub," ITI said.<br/><br/>The <a href="https://www.nexttv.com/news/potential-eu-digital-tax-has-trump-administration-tech-companies-on-edge" data-original-url="https://www.multichannel.com/news/potential-eu-digital-tax-has-trump-administration-tech-companies-on-edge">EU is still considering whether to impose a 3% digital sales and services tax</a> that, like the UK proposal, would affect edge providers and anyone else doing digital business in those countries.<br/><br/>In a statement last week on the EU digital tax, Treasury Secretary Steve Mnuchin said the Administration has "strong concern with countries’ consideration of a unilateral and unfair gross sales tax that targets our technology and internet companies. A tax should be based on income, not sales, and should not single out a specific industry for taxation under a different standard."</p>
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