29-10-2018 18:29 via marketingweek.com

Government targets Facebook and Google with digital ad tax

The UK government is to introduce a tax on digital tech giants such as Amazon and Google that would effectively tax UK digital ad sales.
Speaking as part of the 2018 Budget, Chancellor Philip Hammond said tech giants that are profitable and have at least £500m in global revenue would be taxed 2% on the money they make from UK users. It is expected to generate more than £400m a year and will come into effect in April 2020.
Hammond added that the tax would be applied to &ldq
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