National measures on taxing the digital economy
| Autor: | Grondona, Veronica, Chowdhary, Abdul Muheet, Uribe, Daniel |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Digital Service Taxes (DSTs)
Withholding Taxes Base Erosion and Profit Shifting Project (BEPS) Group of Twenty-Four (G-24) Digital Economy India Tax Havens Tax Law Diverted Profits Tax Fractional Apportionment Digital Taxation South Centre Tax Initiative (SCTI) United States (US) Tax Reform United Nations Committee of Experts on International Cooperation in Tax Matters (UNTC) Multinational Enterprises (MNEs) Significant Economic Presence Organisation for Economic Co-operation and Development (OECD) United Kingdom (UK) Pandemic Permanent Establishment Multilateralism COVID-19 Unilateralism Coronavirus Group of 77 and China (G-77 and China) Inclusive Framework Nexus Rules Group of 20 (G-20) ddc:300 Tax Cooperation Tax Policy European Union (EU) |
| Popis: | The Organisation for Economic Co-operation and Development (OECD)’s Inclusive Framework is considering a two-pillar approach on taxing the digital economy. Preliminary estimates about the impact of its recommendations show a modest increase in corporate income tax collection, the benefits of which are expected to go mostly to the developed countries. At the same time, there is a rise in national measures on taxing the digital economy, a move spurred by the onset of the COVID-19 pandemic. This is also fully within the rights of countries under international law, despite labels of ‘unilateralism’. This research paper highlights the direct tax measures being taken by various countries and finds three key approaches to tax the digital economy: (1) digital service taxes; (2) nexus rules based on significant economic presence ;(3) withholding tax on digital transactions. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|