International review for October 2018

It seems not a week can go by at the moment without more developments in relation to the taxation of the digital economy. This month the Committee on Economic and Monetary Affairs of the European Parliament (ECON) discussed the European Commission’s (EC) proposals for both the taxation of a digital presence and a digital services tax (DST). European MEP Paul Tang is the rapporteur for the DST proposal for ECON and previously released a draft report proposing that a number of amendments be made to the EC’s proposals. Specifically the draft report mentioned that the DST rate should be increased from the proposed 3% to 5% and that the scope should be extended to include taxable revenues from the supply of digital content using a digital interface and the sale of goods or services which are contracted online via e-commerce platforms (for example film streaming...