Britain’s digital tax risks becoming permanent, says tax body

A levy imposed by Britain on the revenues of big tech companies such as Google, Facebook and Amazon in 2020 as a stopgap measure pending an international tax agreement risks becoming permanent, a group of tax experts said on Wednesday.

The levy was introduced after concerns were raised about low levels of tax paid by some major tech companies, and raised 358 million pounds ($447 million) in its first year.

The Chartered Institute of Taxation (CIOT), representing tax professionals, said there was little sign of a breakthrough in international talks brokered by the Organisation for Economic Co-operation and Development, despite a headline deal in 2021.