The OECD and European Commission have published proposals to impose reporting obligations on online platforms relating to their users. May Smith and Edward Buxton (Freshfields Bruckhaus Deringer) review the proposals.
What’s this all about?
Online platforms raise a variety of tricky tax issues for tax authorities. Since we last wrote about this (‘Tax issues for online platforms’ Tax Journal 23 October 2018) there have been significant developments in how platforms themselves are taxed – both in the form of new digital services taxes and the development of the OECD’s proposals on the taxation of the digitalised economy (or ‘BEPS 2.0’). The latest move while proposing obligations for the platforms shifts the focus to platform users’ tax compliance.
What are the latest proposals?
There are two sets of proposals one from the OECD and one from the European Commission.
The OECD’s are a set...
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:
The OECD and European Commission have published proposals to impose reporting obligations on online platforms relating to their users. May Smith and Edward Buxton (Freshfields Bruckhaus Deringer) review the proposals.
What’s this all about?
Online platforms raise a variety of tricky tax issues for tax authorities. Since we last wrote about this (‘Tax issues for online platforms’ Tax Journal 23 October 2018) there have been significant developments in how platforms themselves are taxed – both in the form of new digital services taxes and the development of the OECD’s proposals on the taxation of the digitalised economy (or ‘BEPS 2.0’). The latest move while proposing obligations for the platforms shifts the focus to platform users’ tax compliance.
What are the latest proposals?
There are two sets of proposals one from the OECD and one from the European Commission.
The OECD’s are a set...
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:
