Alenka Turnsek (PwC) examines key points arising from OECD’s report.
One of the most striking aspects of the OECD’s interim report is the difference of opinion among the 113 inclusive framework (IF) members. The OECD has recognised this diversity of views and attempted to manage them setting out a two-year timeline for IF members to work towards a common long-term solution in 2020.
The three key areas discussed within the report are the features of digitalised economy namely:
identifying the key features of the highly digitalised businesses (HBD);
the long-term focus of the defining nexus and profit attribution as two key aspects of international taxation; and
a discussion of relative merits of interim measures.
What is a highly digitalised business?
The salient and common features in HDBs are:
...
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:
Alenka Turnsek (PwC) examines key points arising from OECD’s report.
One of the most striking aspects of the OECD’s interim report is the difference of opinion among the 113 inclusive framework (IF) members. The OECD has recognised this diversity of views and attempted to manage them setting out a two-year timeline for IF members to work towards a common long-term solution in 2020.
The three key areas discussed within the report are the features of digitalised economy namely:
identifying the key features of the highly digitalised businesses (HBD);
the long-term focus of the defining nexus and profit attribution as two key aspects of international taxation; and
a discussion of relative merits of interim measures.
What is a highly digitalised business?
The salient and common features in HDBs are:
...
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:
