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UK Government Considers Online Sales Tax to Support High Street Retailers Competing with Amazon

The article discusses how the UK government is considering introducing a new online sales tax to help struggling high street retailers compete with online giants like Amazon. The tax would be aimed at large online retailers and could potentially replace the current business rates system. The government is also looking at ways to reform the current tax system to ensure that online and physical retailers are treated fairly.

Source: bbc.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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