Facebook's logo is seen through a magnifier in front of a displayed PC motherboard, in this illustration taken April 11, 2016. REUTERS/Dado Ruvic/Illustration
Twitter Inc and Facebook Inc may face a new tax in the UK should Prime Minister Theresa May’s Conservatives get re-elected as polls suggest on June 8.
The Tories promised May 18 to introduce a law that would allow the government to impose a levy on social-media companies and communication service providers, to fund measures aimed at making the internet safer for young people. Internet providers like BT Group Plc won’t be affected, a Conservative campaign spokesman said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
