International tax eyes are focused on the new US administration and what impetus that might deliver to the OECD/G20 proposals for addressing tax challenges arising from digitalisation. Simultaneously, the European Commission, spurred by the need to raise own resources to finance the covid-19 recovery effort, seems not to be convinced that international consensus will happen soon enough. A consultation process is underway, looking into possible new forms of EU digital taxation to seek a fairer contribution from companies operating in the digital sphere – but without interfering with the ongoing work at OECD/G20 level.
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International tax eyes are focused on the new US administration and what impetus that might deliver to the OECD/G20 proposals for addressing tax challenges arising from digitalisation. Simultaneously, the European Commission, spurred by the need to raise own resources to finance the covid-19 recovery effort, seems not to be convinced that international consensus will happen soon enough. A consultation process is underway, looking into possible new forms of EU digital taxation to seek a fairer contribution from companies operating in the digital sphere – but without interfering with the ongoing work at OECD/G20 level.
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")