Protecting the tax base in a digital economy

Author: pqep

August undefined, 2024

Webb11 nov. 2024 · MNE. The result is less tax revenue for countries and a public perception that MNEs do not pay their fair share. The increasing importance in the digital economy of intangible assets, which tend to be more mobile, exacerbates the issue. In 2013 the OECD/G20 launched the BEPS Project to coordinate international tax rules and tackle tax …

Understanding digital services taxes & the OECD

WebbBEPS; Digital economy; Permanent establishment; Source of income; Developing countries Abstract Protecting the tax base in the digital economy is Action 1 of the Organisation … WebbProtecting the tax base in the digital economy is Action 1 of the Organisation for Economic Co-operation and Development Action Plan on Base Erosion and Profit Shifting (OECD … boucherit sabine

Taxing Big Tech – IMF F&D - International Monetary Fund

Webb7 maj 2024 · The unprecedented expansion of the digital economy has increased the intricacy of mobilising tax revenues from both domestic and international transactions. … Webb19 apr. 2024 · Protecting the Tax Base in a Digital Economy United Nations Handbook on Selected Issues in Protecting the Tax Base of Developing Countries, June 2015, ISBN: 978-92-1-159109-5 Osgoode Legal Studies Research Paper No. 78 46 Pages Posted: 19 Apr … Webb1 feb. 2024 · The 2024 Act addresses the key issues of nexus and allocation of profit, which are global tax consequences of the digital economy. The 2024 Act adopts a ‘Significant Economic Presence’ (SEP) test to determine nexus of non-resident digital companies operating in Nigeria. boucher jean paul

DIGITAL TAXATION - EBF

WebbThe digital economy is growing rapidly across the globe and, among developing countries, the PRC is a leader. Despite its promise, the global digital economy also poses many challenges, including tax base erosion … Webb4 juni 2014 · digital economy raises the stakes for those wishing to protect their tax base from not only base erosion due to artificial tax planning structures, but also base … boucher jamesWebb25 jan. 2024 · Developing countries are frequently reporting the need to implement measures designed to balance protecting their tax base whilst creating a transparent and predictable investment climate through the introduction of rules that are effective in addressing base erosion and profit shifting (BEPS) and create certainty and consistency … hayward main drain screws

"WebbBeyond securing revenues by realigning taxation with economic activities and value creation, the OECD/G20 BEPS Project aims to create a single set of consensus-based … " - Protecting the tax base in a digital economy

Protecting the tax base in a digital economy

Addressing the Tax Challenges of the Digitalisation of the …

WebbThe challenge of taxing the digital economy lies not so much in designing taxes as in overcoming tax administration constraints, such as (1) ensuring the tax registration of … Webbtax in the digital economy. It defineda'significant digital presence', which can be established even when there is no physical presencein the Member …

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Webbto digital business models, there is a global view that the international tax system needs to be reformed. To deal with this global phenomenon of digitalisation, two major … Webb7 maj 2024 · The formidable responsibility facing African tax authorities and their governments (Ministries of Finance) is how to protect their tax bases and widen them by tapping tax revenue from the digital economy without constraining development and usage of novel technologies or financial inclusion as well as the involvement of the population …

Webb2 dec. 2024 · The issue of taxing the digital economy figures ever more prominently on policy agendas around the world, while the OECD is striving to reach international consensus on the matter. We look at the key points in the debate and propose principles for effective and efficient taxation in the digital age. The digital economy is massive and … WebbThe digital economy is growing rapidly across the globe and, among developing countries, the PRC is a leader. Despite its promise, the global digital economy also poses many …

Webb16 sep. 2014 · Data and research on tax including income tax, consumption tax, dispute resolution, tax avoidance, BEPS, tax havens, fiscal federalism, tax administration, tax … Webb18 apr. 2024 · Protecting the Tax Base in a Digital Economy. This paper provides an overview of the main features of digital economy and why it poses challenges to …

Webbtime.In March2024,the EUintroduceda'fair taxation of the digital economy'package.It contained proposals for an interim and long-term digital tax. The European Parliament supported both proposals, widening their scope and coverage and backing integration of digital tax into the proposed Council framework on corporate taxation.

Webb20 mars 2024 · In principle, the tax should cover revenues generated from the supply of digital services where users and intangible assets contributed significantly to the process of value creation. Finally, the level of revenues generated by the tax should be evaluated by the Commission within two years of the entry into force of the directive. hayward main drain specsWebbdigital economy, a large part of profits are generated from unique intangibles such as databases, software and algorithms, and marketing activities making use of brands and … boucher jean michelWebb27 jan. 2024 · This chapter evaluates the recent OECD Base Erosion and Profit Shifting (BEPS) initiative directed at global digital income, and concludes that tax planning will not be inhibited by any significant… Expand 1 Digital Services Tax: Challenge of International Cooperation For Harmonization M. Sidik Economics Journal of Tax and Business 2024 boucher jean luc