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International review for September 2019

Tim Sarson (KPMG) assesses the latest developments that matter in the international tax arena.

I was hoping that there would be fewer developments in digital taxation this month so that other areas could get their share of the limelight but I think that the appetite of nations to ensure they are not left behind is strong and there are further updates this month. The digital sector has arguably been a key player in the overall economy for decades but the pace of change in the taxation of that economy has never been faster than it is now. All the signs are that the OECD is still aiming to publish a consensus position by the end of 2020 which would be quite an achievement but will this be enough to halt the proliferation of unilateral digital taxes around the world?

We’ve also seen the first...

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