Tim Sarson (KPMG) provides your monthly update on international tax.
Discussions on the challenges of taxing the digital economy continue to gain momentum with further developments this month from the OECD EU and UK. Following the ECOFIN meeting in Sofia on 29 April the OECD has accelerated its reporting timetable and has committed to presenting a proposal in 2019 instead of the original planned deadline of 2020. One of the drivers for this has been an acknowledgement that the discussions at the EU level in particular on possible unilateral and interim measures are causing concern to some jurisdictions.
Central to the EU discussions has been the consideration of options for an interim measure. A small but influential number of voices within the EU are firmly in favour; indeed Spain has proposed a new unilateral tax to take effect from 2019. Others ...
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Tim Sarson (KPMG) provides your monthly update on international tax.
Discussions on the challenges of taxing the digital economy continue to gain momentum with further developments this month from the OECD EU and UK. Following the ECOFIN meeting in Sofia on 29 April the OECD has accelerated its reporting timetable and has committed to presenting a proposal in 2019 instead of the original planned deadline of 2020. One of the drivers for this has been an acknowledgement that the discussions at the EU level in particular on possible unilateral and interim measures are causing concern to some jurisdictions.
Central to the EU discussions has been the consideration of options for an interim measure. A small but influential number of voices within the EU are firmly in favour; indeed Spain has proposed a new unilateral tax to take effect from 2019. Others ...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
