Digital Economy

Americas

Chile clarifies VAT and withholding tax rules for foreign digital services

May 18, 2021

Fernando Barros and Tomás Kovacevic, Barros y Errázuriz Abogados, Santiago, discuss the Chilean tax agency’s April 21 issuance of regulations on the application of value-added tax (VAT) to digitalized services provided from abroad . . .

Africa

If US and EU states can convince large emerging economies to adopt GloBE, MNEs will pay double-digit billions more tax, face increased complexity, Professor says: Joachim Englisch / SSRN→

May 13, 2021

Asia-Pacific

India sets thresholds for non-resident tax nexus based on economic presence

May 11, 2021

Ritu Shaktawat and Sneh Shah, Khaitan & Co, discuss May 3 Indian government guidance clarifying when a non-resident has a “significant economic presence” in India and is thus deemed to have a taxable presence . . .

Americas

India may oppose US proposal to tax only top 100 companies: Dilasha Seth / Business Standard→

May 10, 2021

Digital Economy

UK supports Biden’s global tax deal proposal, with caveats

May 6, 2021

The UK’s primary interest in international tax talks is addressing digital taxation and the allocation of taxing rights under the OECD’s “Pillar One,” but it is okay with the US’s not-digital-only approach to Pillar One, according to Mike Williams . . .

Digital Economy

OECD preparing plan to stop unilateral tax measures, Saint-Amans says

May 4, 2021

The OECD is working on a framework to prevent countries from enacting unilateral tax measures, such as digital services taxes, as part of an agreement under the “Pillar One” negotiations . . .

Digital Economy

UN versus OECD – It’s time for the UN to get going

May 4, 2021

Kuldeep Sharma, ADIT (CIOT, UK), discusses why it’s time for the UN to come out of the shadows of the OECD, make structural changes to its tax committee and strengthen its Secretariat to bring it at par with the OECD . . .

Digital Economy

US state of Connecticut considers digital advertising tax with international implications similar to state of Maryland’s: Connecticut General Assembly →

April 28, 2021

Digital Economy

UN committee considers updates to model tax treaty, developing nation tax guidance

April 21, 2021

The UN Committee of Experts on International Cooperation in Tax Matters has released documents that reveal that significant changes are proposed for the United Nations Model Double Taxation Convention between Developed and Developing Countries and UN guidance addressing . . .

Digital Economy

OECD report looks at impact of digitalization of tax administrations in dealing with the COVID-19 crisis, assessing taxpayer services, compliance risk management, remote working, IT systems, support for wider government: OECD→

April 21, 2021

Americas

UN Committee of Experts approves new digital tax article for model treaty

April 20, 2021

The UN Committee of Experts on International Cooperation in Tax Matters today agreed to the text of a new article and commentary for the UN model tax treaty that would grant . . .

Americas

Canada’s 2021 budget includes proposals on digital taxes, profit shifting, interest deductibility

April 20, 2021

Canada’s Budget 2021, presented by Finance Minister Chrystia Freeland on April 19, proposes several significant tax measures affecting multinational enterprises . . .

Digital Economy

Digital platforms should assist tax compliance efforts, OECD says

April 20, 2021

The digital platforms that have fueled the growth of the sharing and gig economies have a role to play in value-added tax (VAT) and goods and services tax (GST) compliance and administration, the OECD said . . .

Americas

Wyden says Treasury’s OECD proposal would address digital taxes that discriminate against US companies while supporting US tax reform goals: US Senate Committee on Finance→

April 14, 2021

Americas

Countries should suspend their DSTs now to show they are serious about reaching global agreement on international tax, ranking member says: US Senate Finance Committee→

April 13, 2021

Africa

Leaked copy of US proposal for Pillar One and Two multinational group tax reforms available

April 12, 2021

MNE Tax has obtained a copy of a slide presentation outlining the US’s latest “Pillar One” and “Pillar Two” proposals for the reform of the international system for multinational group taxation. . .

Digital Economy

OECD Secretary-General report to G20 ministers includes overview of 66 countries’ tax policy responses to COVID-19: OECD→

April 7, 2021

Digital Economy

New Italian guidance addresses digital service tax details

March 30, 2021

Giuliana Polacco & Annarita De Carne, Studio Legale Bird & Bird, Milan, discuss the Italian Revenue Agency’s long-awaited guidance issued on March 23 clarifying the application and implementation of the digital service tax. . .

Asia-Pacific

Taiwan advises sellers of digital goods and services to apply for tax registration

March 30, 2021

Individuals who use online platforms or social media software to sell goods or services for profit must apply for tax registration. Taiwan’s National Taxation Bureau of Kaohsiung, Ministry of Finance, said on March 26. . .

Digital Economy

EU Parliament committee adopts resolution on digital taxation

March 30, 2021

The European Parliament’s Committee on Economic and Monetary Affairs (ECON) on March 23 adopted a motion for a European Parliament resolution on digital taxation, OECD negotiations, tax residency of digital companies, and a possible European digital tax. . .

Americas

US threatens tariffs against six more nations over digital taxes, drops investigation into others

March 29, 2021

The US Trade Representative has recommended trade actions against Austria, India, Italy, Spain, Turkey, and the UK following its findings that digital services taxes adopted by these countries discriminate against US companies. . .

Digital Economy

CJEU confirms Polish and Hungarian progressive turnover taxes do not violate EU law

March 17, 2021

On March 16, the Court of Justice of the European Union upheld the General Court’s judgments that two progressive turnover taxes – a Polish tax on the retail sector and a Hungarian tax on advertisement revenue – do not violate EU state aid law. . .

Americas

Tech group sues Maryland over new tax on digital ads: Ashley Gold/Axios→

March 2, 2021

Africa

US drops demand that “pillar one” global tax compromise be a safe harbor

February 26, 2021

The US will no longer require that any coordinated “Pillar One” update to the international tax and transfer pricing rules be drafted as a “safe harbor.” The announcement . . .

Asia-Pacific

Malaysia publishes tax guide for foreign digital services providers: Royal Malaysian Customs Department→

February 24, 2021

Austria

Trade groups sue over Maryland’s controversial tax on digital advertising

February 22, 2021

Four organizations have joined in a lawsuit challenging a new Maryland state law levying a tax on digital ad revenue – the latest twist in an ongoing dispute with international implications. The US Chamber of Commerce, the . . .

Digital Economy

Is the EU (unintentionally) undermining ongoing OECD work on digital taxation?

February 17, 2021

Oliver Treidler, TP&C GmbH, discusses the January 14 European Commission inception impact assessment and request for public feedback on the design of an EU digital levy . . .

Americas

Maryland bill would prohibit tech companies subject to new digital advertising tax from charging the purchaser a separate fee to cover the tax: Danielle E. Gaines / Maryland Matters→

February 10, 2021

Digital Economy

UK exploring options for new tax on online sales: Sky News→

February 10, 2021

Americas

In a call with French finance minister Bruno Le Maire, US Secretary Janet Yellen committed “to re-engage actively in the ongoing OECD discussions on international taxation to forge a timely international accord”: US Department of the Treasury→

January 28, 2021

Americas

New Paraguay law extends withholding tax to digital services

January 27, 2021

Valeria Saavedra, Senior Associate, at Basefirma Venezuela, Caracas, discusses a new Paraguay law, effective January 1, which imposes income tax withholding on payments made to nonresidents that provide digital services . . .

Americas

In call to UK Chancellor of the Exchequer Sunak, US Treasury secretary Yellen discussed the need to find multilateral solutions to “efficiently and equitably” tax multinational firm income: US Department of Treasury→

January 27, 2021

Digital Economy

Amazon to increase fees of Spanish companies that use its platform in response to imposition of 3 percent DST: Reuters→

January 25, 2021

Digital Economy

Italian digital services tax takes its first steps

January 25, 2021

Francesca Amaddeo, Lecturer-Researcher at the Tax Law Competence Centre (SUPSI), Manno, Switzerland, discusses the Italian revenue agency’s January 15 release of final guidance on the national digital services tax, provision n. 13185/2021. . .

Asia-Pacific

China should consider new tax on tech companies, securities regulation official and former vice finance minister say: Cheng Siwei, YU Hairong, Zhang Erchi, and Denise Jia / Nikkei Asia→

January 20, 2021

Digital Economy

Ireland updates Corporate Tax Roadmap: Ireland Department of Finance →

January 19, 2021

Digital Economy

EU Commission to soon publish Communication on Business Taxation for the 21st Century, will propose digital levy mid-2021: Valdis Dombrovskis / European Commission→

January 19, 2021

Americas

Day 2 of OECD consultation on international tax reform blueprints: Daniel Bunn / Tax Foundation→

January 19, 2021

Americas

Day 1 of OECD consultation on international tax reform blueprints: Daniel Bunn / Tax Foundation→

January 19, 2021

Khaled Al Zaabi on Spanish government proposes digital services tax: “We are seeking assistance with Digital Assets and International Tax Consulting to help Abu Dhabi UAE Oil Company navigate the…” October 24 ,2024

Emma Hinson Sims on The Pillar One blueprint — the potential future of international taxation and transfer pricing: “HAPPY BIRTHDAY TO A VERY SMART, BEAUTIFUL, YOUNG LADY ON JANUARY 13TH.” January 6 ,2024

David Valdez on US Tax Court resolves Whirlpool tax dispute involving Mexican maquiladora structure: “Greetings Whirlpool Mexico, I’m trying to contact someone involved with the decision making for transportation from all of your Mexican…” October 20 ,2023

Jose Dominguez on The new US international tax rules: what you need to know about GILTI, FDII, BEAT etc.: “Very informative article. Question. Do you have a software to compute these US International Calcs to make them in house?” April 12 ,2023

Ciro César Soriano de Oliveira on Danish High Court rules on beneficial ownership of dividends for tax purposes: “Dear Ms Susi, This article is immensely clarifying. I’d like to know whether Danish Supreme Court has already granted its…” March 24 ,2023

May 19 – 20	Tax Council Policy Institute Conference	Washington, D.C.
May 19 – 20	IFA Second European Region Conference	Milan, Italy
May 24	IFA Webinar Series Pillar Two: An Update	Virtual Event
Sept. 4 – 8	IFA Congress	Berlin