U.K.'s May Opens Door to Facebook Tax in Push for Safer Web
- Levy on social media could set a precedent for other countries
- Conservatives want to make web safer for young people
U.K.'s May Proposing Tech Tax in Push for Safer Web
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Twitter Inc. and Facebook Inc. may face a new tax in the U.K. should Prime Minister Theresa May’s Conservatives get re-elected as polls suggest on June 8.
The Tories promised Thursday 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.