The OECD global forum on VAT has welcomed a new high-level report proposing measures to make online marketplaces liable for VAT/GST on sales made through their platforms, as well as increased data sharing and enhanced co-operation with tax authorities. The new report builds on the 2015 BEPS action 1 report on ‘Tax challenges of the digital economy’.
The report does not aim at detailed prescriptions for national legislation, but seeks to present a range of possible approaches.
The report on ‘The role of digital platforms in the collection of VAT/GST on online sales’ is available at bit.ly/2HSYKfL.
The OECD global forum on VAT has welcomed a new high-level report proposing measures to make online marketplaces liable for VAT/GST on sales made through their platforms, as well as increased data sharing and enhanced co-operation with tax authorities. The new report builds on the 2015 BEPS action 1 report on ‘Tax challenges of the digital economy’.
The report does not aim at detailed prescriptions for national legislation, but seeks to present a range of possible approaches.
The report on ‘The role of digital platforms in the collection of VAT/GST on online sales’ is available at bit.ly/2HSYKfL.