UK PM candidate Johnson urges tax on global tech giants

[July 05, 2019]  YORK (Reuters) - Boris Johnson, the leading candidate to replace Theresa May as British Prime Minister, said on Thursday the government had to find a way to tax global technology giants on their income.

"I think it's deeply unfair that high street businesses are paying tax through the nose... whereas the internet giants, the FAANGs -- Facebook, Amazon, Netflix and Google -- are paying virtually nothing," Johnson said at a leadership hustings event in York, northern England.

"We've got to find a way of taxing the internet giants on their income, because at the moment it is simply unfair."

(Reporting by Andrew MacAskill, writing by Andy Bruce)

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