Big Tech’s tax bill is on the table in tariff talks

Tax cuts for Elon Musk and other tech billionaires on the table, Starmer confirms

Britain has put the tech tax and online safety laws on the table in negotiations with the US about a tariff deal. The Prime Minister promised he would continue to protect children online but suggested he was open to changing the existing rules in order to reach an agreement with the White House. The Trump administration is opposed to the UK’s digital services tax which is levied on large tech firms such as Mark Zuckerberg’s Meta, Jeff Bezos’s Am…

Big Tech’s tax bill is on the table in tariff talks

The United Kingdom is preparing to respond to the series of tariffs President Donald Trump has introduced since taking office. New taxes on everything from pure-bred horses to bourbon are on the table, but the Labour government seems more interested in a conciliatory approach, and it’s considering sacrificing a popular tax on American tech companies in order to sweeten the deal. Prime Minister Keir Starmer has confirmed that trade talks have inc…