Digital Economy

Spanish government proposes digital services tax

October 24, 2018

Alma Virto, a Ph.D. candidate at the University of Salamanca, writes that Spain’s Council of Ministries on October 19 proposed a digital services tax on large tech companies . . .

Americas

Google shifted USD 23 billion income to tax haven Bermuda in 2017 using Dutch shell company: Reuters→

January 4, 2019

Germany, France propose stripped-down version of digital services tax

December 5, 2018

French and German finance ministers on Tuesday presented yet another compromise proposal for an EU-wide digital services tax, this time . . .

Africa

Zimbabwe to impose 2 cents per dollar tax on electronic transactions: Crecey Kuyedzwa / Fin24→

October 3, 2018

Digital Economy

Professors advocate “Residual Profit Allocation by Income” (RPA-I), giving market countries the right to tax residual profit using either of two suggested approaches: Michael P. Devereux, Alan Auerbach, Michael Keen, Paul Oosterhuis, Wolfgang Schön & John Vella / SSRN→

April 1, 2019

Digital Economy

US pushing for global adoption of minimum tax, revised profit allocation rules

December 17, 2018

The US is seeking worldwide agreement on proposals that would significantly alter the international tax system, aiming to preempt a threatened EU digital services tax and bring stability to the international tax system, Treasury officials said at . . .

Digital Economy

Taxable nexus should be based on the factors of sales, employees, or property in a jurisdiction to address digital economy, professor writes: Monica Gianni / SSRN→

October 3, 2018

Digital Economy

Professors say location of “sustained user relationship” should confer taxation rights in digital era: Johannes Becker, Joachim English / SSRN→

October 2, 2018

Digital Economy

G7 leaders agree to work toward resolving dispute over taxing multinational digital firms

June 12, 2018

Following their summit in Charlevoix, Quebec, Canada, held June 8–9, six of the seven G7 leaders pledged to continue to work toward reaching agreement on the taxation of digital multinationals, to collaborate to achieve fair taxation, and continue their efforts to . . .

French minister asks for EU Parliament support on digital services tax: European Parliament→

October 23, 2018

EU Parliament members seek higher tax rate for temporary digital services tax: Samuel Stolton / EURACTIV→

October 11, 2018

Digital Economy

Spain to propose digital services tax beginning 2019

May 9, 2018

The Spanish government has announced it will propose a temporary tax on digital company revenue this year, aiming for the new tax to take effect in 2019, writes Alma Virto. a researcher and PhD candidate at the University of Salamanca, Spain . . .

Digital Economy

Ireland could lose €3bn (USD 3.4bn) in annual tax revenue if OECD reforms passed, study says: Cliff Taylor / Irish Times→

May 2, 2019

Asia-Pacific

Malaysian parliament passes 6 percent digital services tax effective Jan 2020: Malaymail→

April 9, 2019

Americas

OECD-led TFDE working on global digital tax solution similar to US GILTI, BEAT regimes; US floats marketing intangibles proposal: Isabel Gottlieb / Bloomberg Tax→

December 4, 2018

Asia-Pacific

Israel tax authority planning 3%-5% digital firm tax on turnover: Ela Levi-Weinrib / Globes→

April 30, 2019

Czech Republic

Czech finance ministry to propose 7 percent digital tax in May: Reuters→

April 30, 2019

Digital Economy

Civil society and labor coalition advocate move to unitary taxation, global effective minimum tax citing OECD BEPS project failures: ICRICT→

January 23, 2019

Switzerland announces position on digital economy taxation

January 22, 2019

MNE Tax Contributing Editor, Davide Anghileri. of the University of Lausanne, discusses Switzerland’s position on a long-term solution to the taxation of the digital economy, announced January 15. . .

Austria

EU digital services tax may face legal challenge on multiple fronts: Hamza Ali & Isabel Gottlieb / Bloomberg Tax→

January 23, 2019

Africa

G20 leaders seek improved international tax system based on tax treaties, transfer pricing rules

December 3, 2018

G20 leaders, in a communique issued after their summit in Buenos Aires, Argentina, reaffirmed their commitment to improving the international tax system . . .

Sweden, Denmark, Finland state opposition to EU digital services tax on revenue: Reuters→

June 7, 2018

EU digital services taxes are de facto tariffs, US Republicans say

April 5, 2019

In an April 3 letter to President Donald Trump, 15 Republicans on the House Ways and Means Committee . . .

Digital Economy

France introduces 3% digital tax on revenue, hitting about 30 large internet companies: Elizabeth Schulze / CNBC→

March 6, 2019

More: France 24, Wall Street Journal, Fortune.

Asia-Pacific

South Korea minister urges adoption of digital tax on Google and other tech giants: Kim Tae-joon & Hyo-jin / Pulse→

October 23, 2018

Africa

OECD officials discuss international tax and transfer pricing agenda

October 16, 2018

Tax officials provided an update on international tax and transfer pricing work underway at the OECD Centre for Tax Policy and Administration during an OECD Tax Talks webinar, held October 16. This latest webinar covered a range of topics, including OECD efforts to facilitate global agreement on . . .

Austria

Austria to tax digital firm advertising revenue at 5 percent rate instead of 3 percent: Reuters→

April 3, 2019

Digital Economy

29 MNEs subject to France’s digital tax identified: Charlie Braume / L’1FO (in French)→

March 21, 2019

Digital Economy

Zara closes Irish sub handling online sales following Green party report charging tax avoidance: Edmund Heaphy / Yahoo Finance→

November 13, 2018

Americas

US planning international tax guidance on BEAT, GILTI, transition tax, Treasury official says

June 6, 2018

The US intends to issue proposed tax regulations next month addressing the section 965 transition tax followed by year-end guidance on the GILTI, BEAT, and other international tax provisions introduced in the 2017 Tax Cuts and Jobs Act, said Lafayette (Chip) G. Harter, Deputy Assistant Secretary (International Tax Affairs) at US Treasury during the 2018 OECD International Tax Conference, held . . .

Asia-Pacific

Draft Pakistani law requires banks to collect up to 3 percent tax on online purchases via credit/debit card to foreign sellers: The News→

April 30, 2018

Germany, France, Italy, Spain seek new EU tax on digital firm revenue

September 10, 2017

Finance ministers from Germany, France, Italy, and Spain want the European Commission to design a new EU tax on digital firms based on revenues, according to a document published by . . .

Digital Economy

Germany ends controversy over foreign online advertising withholding tax

April 29, 2019

Konstantin Sakuth, Linklaters LLP, Munich, writes about a circular letter issued by the German Federal Ministry of Finance which has resolved the issue of whether payments from German advertisers to foreign providers of online advertisements are subject to German withholding tax . . .

Asia-Pacific

Australia planning tax increase for multinational digital firms, R&D tax incentive changes

May 8, 2018

The Australian government intends to write new laws to tax digital businesses, crack down on research and development (R&D) tax incentive abuse, and revise the thin cap provisions, among other initiatives, budget documents released today . . .

Asia-Pacific

Turkey issues guidance on controversial digital tax

February 27, 2019

Ramazan Biçer, of Centrum, İstanbul, discusses guidance issued by the Turkish government on February 15 which aims to clarify a new law imposing a withholding tax liability on payments for cross-border online advertising services . . .

Professor suggests ways to improve EU significant digtial presence proposal: Eva Escribano / SSRN→

June 26, 2018

Digital Economy

France won’t replace digital tax unless OECD solution captures value of data, Le Maire says: Isabel Gottlieb / Bloomberg Tax→

April 14, 2019

Digital Economy

A digital tax is coming: what are the potential costs to Ireland?

November 13, 2018

Jim Stewart of Trinity Business School, Trinity College, Dublin, discusses the likely effects on Ireland of recent moves in the EU and elsewhere to increase taxation of multinational firms in the digital sector . . .

Asia-Pacific

Amazon to block Australian customers before 10 percent GST on imported online goods kicks in: Byron Kaye/ Reuters→

June 4, 2018

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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

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