UK may be planning to end the tax that Google, Amazon, Apple, Microsoft and other American companies likely ‘Hate’, and the reason is

The UK government is reportedly weighing the reduction or elimination of its Digital Services Tax (DST) before April 2nd to mitigate potential trade tariffs from the US under President Donald Trump. Introduced in April 2020, the DST imposes a 2% levy on the gross revenues of digital companies operating search engines, social media platforms, and online marketplaces in the UK. According to a report in Bloomberg, the UK Treasury is exploring various options for modifying the tax, based on proposals from the Department for Business and Trade, according to sources familiar with the discussions. These potential changes do not include company-specific exemptions.

Understanding UK’s Digital Services Tax (DST)