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  • Bloomberg via Getty Images

    UK wants tech giants to pay two percent tax on digital revenues

    by 
    AJ Dellinger
    AJ Dellinger
    10.29.2018

    The British government announced a new "digital services" tax that would take two percent of revenues generated by tech giants, according to Sky News. The tax would skim cash off of what the companies make from services like online advertising and streaming content. The government believes such a tax could raise more than more than £400 million ($512 million) each year.