Article 6W4X9 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

by
Dan Milmo and Kiran Stacey
from Technology | The Guardian on (#6W4X9)

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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