❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now
Britain to major tech companies: You do business here, you pay taxes here
Nov 2, 2018

Britain to major tech companies: You do business here, you pay taxes here

HTML EMBED:
COPY

Europe and the United Kingdom have been coming hard at the tech industry lately: tough privacy laws, fines for anti-competitive behavior, new types of copyright laws, and earlier this week, something called a "digital services" tax from the United Kingdom. Starting in 2020, the U.K. will take 2 percent of online revenue from tech companies, specifically Facebook, Amazon and Google, that make over $600 million a year. The rest of Europe is planning a similar tax, and the idea has even spread to South Korea, India, Mexico, Chile and other countries. Let's dig into this digital tax idea in Quality Assurance, the Friday segment where we take a deeper look at a big tech story. Molly Wood talks with Mark Scott, chief technology correspondent at Politico. (11/02/18)

Segments From this episode

Britain to major tech companies: You do business here, you pay taxes here

Nov 2, 2018
What a "digital services" tax means for Facebook and Google.
 Google's UK Headquarters on November 01, 2018 in London, England. 
Dan Kitwood/Getty Images

Europe and the United Kingdom have been coming hard at the tech industry lately: tough privacy laws, fines for anti-competitive behavior, new types of copyright laws, and earlier this week, something called a “digital services” tax from the United Kingdom. Starting in 2020, the U.K. will take 2 percent of online revenue from tech companies, specifically Facebook, Amazon and Google, that make over $600 million a year. The rest of Europe is planning a similar tax, and the idea has even spread to South Korea, India, Mexico, Chile and other countries. Let’s dig into this digital tax idea in Quality Assurance, the Friday segment where we take a deeper look at a big tech story. Molly Wood talks with Mark Scott, chief technology correspondent at Politico. (11/02/18)

The future of this podcast starts with you.

Every day, the “Marketplace Tech” team demystifies the digital economy with stories that explore more than just Big Tech. We’re committed to covering topics that matter to you and the world around us, diving deep into how technology intersects with climate change, inequity, and disinformation.

As part of a nonprofit newsroom, we’re counting on listeners like you to keep this public service paywall-free and available to all.

Support “Marketplace Tech” in any amount today and become a partner in our mission.