Unlocking the value of data key to UK economic growth

The Scottish government has identified data-driven innovation as a key area for potential economic growth, and they plan to invest accordingly. Rachel Aldighieri, MD of the DMA, highlights the need for cross-sector collaboration to discover the true worth of data. Earlier this month, Theresa May signed the Edinburgh and South East Scotland City Region Deal … Continue reading Unlocking the value of data key to UK economic growth

Tax Department’s Consultation On Digital Taxation May End Up Being An Academic Exercise, Experts Say

Technology giants like Facebook, Google, Amazon, Alibaba and other such digital companies derive considerable value from a large user base. For instance, some digital companies sell user data for targeted advertising. It’s this value that nations now want to tax. Europe, for instance, has proposed a tax on turnover. Australia is mulling a tax on digital advertising. … Continue reading Tax Department’s Consultation On Digital Taxation May End Up Being An Academic Exercise, Experts Say