Liz Truss: UK tax policy on tech corporations is ‘not a matter for the US’
The statement from the Trump
administration that we’ll be subject to retaliatory tariffs if we
proceed with the digital services tax is set to come in in April, seems an
early test of how we will fare in independent trade talks. Could the secretary of state tell us
if the government intends to concede to American pressure? Let me be absolutely clear. UK tax policy is a matter for the
UK chancellor. It’s not a matter for the US.
It’s not a matter for the EU. It’s not a matter for anybody else. And we will make the decisions
that are right for Britain, whether it’s on our regulatory standards,
whether it’s on our tax policy or whether it’s on anything else.