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ITR’s digital hub: Taxing the digital economy

Making digital tax workable

After the OECD secured an international agreement, the world looks set to implement a two-pillar plan to reform how the digital economy is taxed. Here ITR is offering its best coverage of digital tax.

The OECD managed to broker a multilateral agreement on pillar one and pillar two, not at the G20 level, but among 136 nations. Against all odds, the Paris-based organisation managed to find common ground. This was a historic breakthrough for international tax reform.

The international tax system may be about to face the most significant changes in a century. However, there are still many questions about implementation that have yet to be answered. The real work of reform has only just begun.

ITR surveys

ITR regularly surveys the market about the online economy, the rise of unilateral measures and the development of OECD reforms. Below you can read in-depth analysis of the data.

Last stretch to taxing the digital economy

Digital tax: the loose thread unravels (survey results)

Tax policy and strategy

Here you can find a selection of ITR’s best news stories and features breaking down what companies can do to manage the impact of digital services taxes (DSTs) or prepare for the emerging two-pillar tax framework.

OECD deal:

How to prepare for the OECD’s digital tax reforms

UK budget must strike balance between OECD goals and domestic tax agenda

The OECD tax agreement spells the end for India’s equalisation levy

OECD brokers landmark tax deal

Pillars one and two:

US shift on pillar one is a chance for ‘tax peace’, says Saint-Amans

The unified approach

The OECD presents ‘unified approach’ to profit allocation

OECD to consider worldwide fractional apportionment

DSTs:

What should taxpayers do if DSTs are here to stay

European countries agree to withdraw DSTs in compromise with the US

Tax directors fear DSTs could remain after an OECD agreement

The rise of digital services taxes

Corporate viewpoint:

Microsoft warns digital tax agenda may fail on its complexity

Uber recommends the OECD rethink Amount A scope

Netflix rejects political ring-fencing OECD digital tax blueprints

Unilever: How the OECD could simplify pillar two

Alternative reforms:

Controversial UN treaty provision for a digital tax awaits final approval

EU issues BEFIT proposal to replace deadlocked CCCTB

UN digital tax proposal diverges from OECD two-pillar solution

US businesses back 2020 timeframe for ‘reasonable’ digital tax solution

IMF stance tears up the TP rulebook

The IMF seeks an alternative to the arm’s-length principle

Stay up to date

As our reporters provide more insight on digital tax developments, we will update the above list of stories for you.

More from across our site

This week European Commission officials consider legal loopholes to secure minimum corporate taxation, while Cisco and Microsoft shareholders call for tax transparency.
The fast-food company’s tax settlement with French authorities strengthens the need for businesses to review their TP arrangements and documentation.
The full ALP model will be adopted through a new TP regime, which is set to boost the country’s investments and tax certainty.
Tax professionals have called on the UK government to reconsider its online sales tax as it would affect the economy at the worst time.
Tax professionals have called on companies to act urgently to meet e-invoicing compliance targets as the EU plans to ramp up digitisation.
In the wake of India’s ambitious 25-year plan for economic growth, ITR has partnered with leading tax commentators to discuss what the future will look like for India and for the rest of the world.
But experts cast doubt on HMRC's data and believe COVID-19 would have increased the revenue shortfall.
EY’s plan to separate its auditing and consulting businesses might lessen scrutiny from global regulators, but the brand identity could suffer, say sources.
Multinationals are asking world leaders to put a scale on carbon pricing to tackle climate change at the 48th G7 summit in Germany, from June 26 to 28.
The state secretary told the French press that the country continues to oppose pillar two’s global minimum tax rate following an Ecofin meeting last week.
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