OECD report on digital platforms

The OECD has published a report: The Impact of the Growth of the Sharing and Gig Economy on VAT/GST Policy and Administration to help tax authorities design and implement effective VAT/goods and services tax (GST) policy response to the growth of the sharing and gig economy.

The report sets out core components for a comprehensive VAT/GST policy strategy for tax authorities, analyses the key features of the sharing/gig economy and its main business models, identifies the challenges it creates for VAT/GST collection and administration, and presents a range of measures to address these challenges.