Digital Services Taxes in the United Kingdom and Belgium Create Large Economic Harms per Unit of Revenue

Evaluations of digital services taxes in the UK and Belgium show tiny annual revenue collections relative to the total treasury revenue raised by the government. Our dynamic modeling shows digital services taxes reduce both labor and capital supply, lowering investment, GDP, and labor compensation.

This article is sourced from Alan Cole, Cristina Enache, Alex Mengden. Click below to read the complete article on their official website.