UK government closes tax loophole on digital media, could mean the

Buried within the latest budget plan for the UK, Chancellor George Osborne announced new laws that would ensure internet downloads from the likes of iTunes, Google Play and game networks would be taxed in the country they're bought in. In the case of the UK, that would be around 20 percent VAT, substantially more than selling through countries like Luxembourg where the rate can be around 3 percent. Separate to the government's grand plans for its digital future, the new rule would start January 1st 2015 -- "ensuring these are taxed fairly and helping to protect revenue." According to the government's estimates, it could net around £300 million in extra tax income, although it's likely to bring digital download pricing (unfortunately) closer to physical media in the process.

Digital Services Tax: How Google Tax Impacts the Global Economy - FasterCapital

So, How Far Back Can HMRC Investigate Your Tax Returns?

Rishi Sunak plots pre-election tax trap for Labour – POLITICO

Home of the Corporate Tax Loophole

Government to close tax loopholes?

Robo-Advisor Tax-Loss Harvesting: What It Means, How It Works

What's next for the Temu website? The US government is watching.

Microsoft closes $69 billion Activision deal after Britain's nod

Post-Brexit Guide: What's been the impact — and how did it happen?

Autumn statement: experts react to national insurance and business tax cuts

Tax Avoidance Is Legal; Tax Evasion Is Criminal

UK government offers extra funds to Northern Ireland to break deadlock

UK lost out on £2bn in tax in 2021 as big tech shifted profits abroad, claim campaigners, Technology sector