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Editorial: The Future of Digital Services Taxes

Editorial: The Future of Digital Services Taxes ec Editorial TAX The Future of Digital Services Taxes REVIEW 2021–2 Georg Kofler noted, in May 2020, that a ‘digital tax’ may be a In March 2018, the Commission presented its ‘Digital 1 possible reaction ‘if no global agreement is reached’. Taxation Package’, which included not only a long- That ‘digital tax’, however, was initially announced to term solution in the form of a ‘significant digital pre- 2 ‘build on OECD work on corporate taxation of a sig- sence’ (‘SDP’), but also a short-term proposal for a nificant digital presence’. Both, scope and frame, have ‘digital services tax’ (‘DST’). Under that proposal, the since shifted: Following its Work Programme for DST would be structured as a 3% tax on the revenues 2021, where it announced a legislative proposal on a from specific digital services – online advertising, digi- digital levy and a proposal for digital levy as own tal intermediary activities and the sale of user data – of resource, in mid-January 2021 the Commission has large multinationals (total annual worldwide revenues published an Inception Impact Assessment regarding a of EUR 750 million) with significant digital footprints Proposal for a Council Directive on a ‘Digital Levy’. in the EU http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png EC Tax Review Kluwer Law International

Editorial: The Future of Digital Services Taxes

EC Tax Review , Volume 30 (2): 5 – Mar 1, 2021

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Publisher
Kluwer Law International
Copyright
Copyright © 2021 Kluwer Law International BV, The Netherlands
ISSN
0928-2750
Publisher site
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Abstract

ec Editorial TAX The Future of Digital Services Taxes REVIEW 2021–2 Georg Kofler noted, in May 2020, that a ‘digital tax’ may be a In March 2018, the Commission presented its ‘Digital 1 possible reaction ‘if no global agreement is reached’. Taxation Package’, which included not only a long- That ‘digital tax’, however, was initially announced to term solution in the form of a ‘significant digital pre- 2 ‘build on OECD work on corporate taxation of a sig- sence’ (‘SDP’), but also a short-term proposal for a nificant digital presence’. Both, scope and frame, have ‘digital services tax’ (‘DST’). Under that proposal, the since shifted: Following its Work Programme for DST would be structured as a 3% tax on the revenues 2021, where it announced a legislative proposal on a from specific digital services – online advertising, digi- digital levy and a proposal for digital levy as own tal intermediary activities and the sale of user data – of resource, in mid-January 2021 the Commission has large multinationals (total annual worldwide revenues published an Inception Impact Assessment regarding a of EUR 750 million) with significant digital footprints Proposal for a Council Directive on a ‘Digital Levy’. in the EU

Journal

EC Tax ReviewKluwer Law International

Published: Mar 1, 2021

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