The UK has published the Finance Act 2020 in the Official Gazette. The Act received royal assent (was enacted) on 22 July 2020 following agreement on the text by both Houses of Parliament. One of the key aspects of the Finance Act 2020 is the Digital Services Tax (DST) provisions.
DST Rate and Scope
The DST applies from 1 April 2020 at a rate of 2% on digital services revenues attributable to UK users, which is determined at the level of a group. The digital services revenues of a group …