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UK plans to tax firms that profited from pandemic: Sunday Times

LONDON, Feb 6 (Reuters) - Britain plans to tax retailers and tech companies whose profits have soared during the COVID-19 pandemic, the Sunday Times reported, citing leaked emails.

The finance ministry has summoned companies to discuss how an online sales tax would work, while plans are also being drawn up for a one-off “excessive profits tax”, the newspaper reported. (Reporting by Andy Bruce; Editing by Dan Grebler)

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