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to consider taxing digital giants' revenueBritain said it was considering taxing the revenues of internet companies like Facebook and Google until international tax rules are changed to cope with digital firms that can shift sales and profits between jurisdictions.Facebook U.K.'s tax charge for 2016, for example, was 5.1 million pounds ($7.09 million), only a modest increase on the 4.2 million pounds level in 2015 .Its revenue in Britain in 2016 was 842 million pounds.Britain also said Tuesday it would consult on a new mechanism for collecting value-added-tax for online sales.
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