International

Tax & digitalisation: OECD leads multilateral efforts on tax challenges from digitalisation of the economy

2019-10-09 10:47:00
newsbot by content-proivder.ch GmbH
Quelle: OECD

“We’re making real progress to address the tax challenges arising from digitalisation of the economy, and to continue advancing toward a consensus-based solution to overhaul the rules-based international tax system by 2020,” said OECD Secretary-General Angel Gurría, writes the OECD.

“This plan brings together common elements of existing competing proposals, involving over 130 countries, with input from governments, business, civil society, academia and the general public. It brings us closer to our ultimate goal: ensuring all MNEs pay their fair share.”The Inclusive Framework’s tax work on the digitalisation of the economy is part of wider efforts to restore stability and certainty in the international tax system, address possible overlaps with existing rules and mitigate the risks of double taxation.

Beyond the specific elements on reallocating taxing rights, a second pillar of the work aims to resolve remaining BEPS issues, ensuring a minimum corporate income tax on MNE profits. This will be discussed in a public consultation foreseen to take place in December 2019..

Suche nach Stichworten:

Tax digitalisation OECD leads multilateral efforts tax challenges digitalisation economy



Top News


» Federal Council informed of current status of stablecoin debate


» Producer and Import Price Index fell by 0.3% in September 2019


» Social differences: health inequalities among older adults


Health: Tackling obesity would boost economic and social well-being

» Health: Tackling obesity would boost economic and social well-being


» Federal Chancellor Guy Parmelin to meet Chinese minister Wang Zhigang