X stands to benefit if UK pulls digital services tax in trade deal with US

X stands to benefit if UK pulls digital services tax in trade deal with US

Prominent campaigner says Elon Musk’s platform qualifies for the levy, which is on the block in negotiations

Elon Musk’s X stands to benefit financially if the government pulls an £800m tax on US tech firms as part of an economic deal with Donald Trump, as a prominent tax campaigner indicated the social media platform qualifies for the levy.

Dan Neidle, the head of the non-profit organisation Tax Policy Associates, said the social media platform was eligible for the digital services tax, which is on the block in negotiations between the US and the UK.

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​Prominent campaigner says Elon Musk’s platform qualifies for the levy, which is on the block in negotiationsElon Musk’s X stands to benefit financially if the government pulls an £800m tax on US tech firms as part of an economic deal with Donald Trump, as a prominent tax campaigner indicated the social media platform qualifies for the levy.Dan Neidle, the head of the non-profit organisation Tax Policy Associates, said the social media platform was eligible for the digital services tax, which is on the block in negotiations between the US and the UK. Continue reading… 


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