Digital Economy
New Brazil digital services tax law under discussion
Francisco Lisboa Moreira, a Tax Partner at Bocater Advogados, São Paulo, Brazil, and Doris Canen, an International Tax LLM at Kings College/UK, São Paulo, Brazil, write about a Brazil bill, submitted August 18, which proposes to tax large tech companies on gross income derived from digital services provided to Brazilian customers . . .
Brazil proposal requires foreign digital platforms to collect new consumption tax
Francisco Lisboa Moreira, a tax partner at Bocater Advogados, discusses a bill presented by the Brazilian government to Congress on July 21 that would modify the country’s indirect tax laws and make digital platforms responsible for the tax liabilities of non-resident sellers of physical and digital goods . . .
India widens its digital tax net by enabling tax payments
Jaiman Patel, Partner – Transfer Pricing (Financial Services), at EY India, discusses the Indian government’s July 3 release of an amended tax form to enable payment of India’s new equalisation levy, a clear indication that the government will not heed requests to defer the reporting or payment of this new tax on nonresident e-commerce operators . . .
Countries still can’t agree on update to multinational group taxation rules, OECD official says
The 137 countries that make up the “Inclusive Framework on BEPS” are having a difficult time reaching agreement on an update to the global rules for allocating multinational group profits among nations, according to Pascal Saint-Amans, OECD Center for Tax Policy and Administration. Saint-Amans warned. . .