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Digitalisation: where are we headed?

Robert O’Hare and Jefferson VanderWolk (Squire Patton Boggs) discuss the current state of play and what needs to be resolved.

The UK’s DST

Chancellor of the Exchequer Rishi Sunak did not mention the UK’s digital services tax (DST) in his Budget on 11 March 2020 (nor indeed during his summer economic update on 8 July) but the Budget report confirmed that the UK would introduce a DST with effect from 1 April 2020. The legislation was incorporated into part two of Finance Bill 2019/21 which is now FA 2020 following royal assent on 22 July 2020. The UK DST is now in full force and effect.

The official policy rationale for introducing a DST is familiar and unchanged: digitalisation of the economy has allowed businesses access to the UK market without creating a taxable presence here. As a result under the existing...

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