Tim Sarson (KPMG) provides this month’s briefing on the international tax developments that matter.
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...
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Tim Sarson (KPMG) provides this month’s briefing on the international tax developments that matter.
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...
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:
