Advertisement
UK markets closed
  • FTSE 100

    8,275.38
    +44.33 (+0.54%)
     
  • FTSE 250

    20,730.12
    +59.22 (+0.29%)
     
  • AIM

    805.79
    +3.10 (+0.39%)
     
  • GBP/EUR

    1.1742
    -0.0007 (-0.06%)
     
  • GBP/USD

    1.2738
    +0.0006 (+0.05%)
     
  • Bitcoin GBP

    53,095.05
    -53.93 (-0.10%)
     
  • CMC Crypto 200

    1,466.33
    +37.76 (+2.64%)
     
  • S&P 500

    5,277.51
    +42.03 (+0.80%)
     
  • DOW

    38,686.32
    +574.82 (+1.51%)
     
  • CRUDE OIL

    77.18
    -0.73 (-0.94%)
     
  • GOLD FUTURES

    2,347.70
    -18.80 (-0.79%)
     
  • NIKKEI 225

    38,487.90
    +433.80 (+1.14%)
     
  • HANG SENG

    18,079.61
    -150.59 (-0.83%)
     
  • DAX

    18,497.94
    +1.14 (+0.01%)
     
  • CAC 40

    7,992.87
    +14.36 (+0.18%)
     

May says EU looking at interim taxes on digital firms

Britain's Prime Minister Theresa May leaves 10 Downing Street in Westminster, London, Britain, March 26, 2018. REUTERS/Hannah McKay (Reuters)

LONDON (Reuters) - Britain and the European Union are looking at whether interim taxation is needed to ensure digital firms are paying the right amount of tax, Prime Minister Theresa May said on Monday.

"We believe that the best result is an international result, but it is right to look, as the European Union, whether there are any interim steps that need to be taken to ensure that we are properly taxing these companies," May told parliament.

(Reporting by Elizabeth Piper, writing by William James, editing by Elisabeth O'Leary)