Axing the Digital Services Tax may be the price Britain pays for a trade deal with the US, but that doesn’t mean we’ve seen the back of tech taxes, says Tim Sarson

Just a few days ago, Rachel Reeves was strolling in, to paraphrase Flanders and Swan, the geopolitical zoo that is Washington DC, attempting to get some sort of deal with the big cats of the new US administration, including her US Treasury counterpart Scott Bessent. Among the fiscal hunting trophies on the wall above his bed, it’s possible that in due course you may find the UK’s Digital Services Tax (DST). His government has been laying down the law about the habits of European tax authorities, and marked down DSTs for extinction.

DST is a highly exclusive tax (exclusive because........

© City A.M.