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TL;DR: Uk wants to pass a new sales tax, that applies only on "established tech giants" that generate "at least £500m a year in global revenue" of 2% of sales

TL;DR: Uk wants to pass a new sales tax, that applies only on "established tech giants" that generate "at least £500m a year in global revenue" of 2% of sales made in the UK.

walshemj 8y ago
Revenue tax not sales tax maybe you should have read it.
- ucaetano 8y ago
  Revenue = sales = top-line.
  - walshemj 8y ago
    That's not what a "sales" tax means a sales tax is levied on the consumer not on the turnover of the company eg VAT in the UK and the various "sales" taxes you have in the USA.