US economy

UK Treasury prepares to launch online sales tax- The Telegraph

© Reuters. FILE PHOTO: Britain’s Chancellor of the Exchequer Rishi Sunak leaves a hotel to take part in the annual Conservative Party conference, in Manchester, Britain, October 5, 2021. REUTERS/Phil Noble

(Reuters) – British Finance Minister Rishi Sunak is stepping up plans for an online sales tax, the Telegraph reported on Sunday.

Treasury officials have accelerated work on a new e-commerce tax and are examining the details of a potential levy, including what goods and services will be covered, the report added https:// citing sources.

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