Daily Tax Report: International
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Sunak Announces Crisis Plan to Save U.K. Jobs From Virus (3)

Chancellor of the Exchequer Rishi Sunak set out his plan to rescue millions of jobs and businesses as the coronavirus pandemic again threatens to derail the U.K. economy. The plan includes extending a value-added tax cut for the hospitality and tourism industries. Businesses which deferred 30 billion pounds of VAT payments until March will now be allowed to spread them over 11 repayments, with no extra interest. Sunak scrapped his plan for a full-scale budget.

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Trump's New Trade War: Digital Taxes Explained

Will the next trade war be over digital taxation? This video explains how digital taxes work and whether the international community can find a solution to this growing global rift over how to tax the digital economy.

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