/Filter/FlateDecode/ID[<89702223A3C1604D88F2238FFB83F67D>]/Index[1107 26]/Info 1106 0 R/Length 85/Prev 530596/Root 1108 0 R/Size 1133/Type/XRef/W[1 3 1]>>stream For its March 2020 issue, Financier Worldwide interviewed Matt Gillespie, partner, Deloitte Tax LLP, Boris Nemirov, Tax principal, Deloitte Tax LLP, Martin Rabenort, partner, Deloitte Netherlands, and Bob Stack, managing director, Deloitte Tax LLP. Addressing the tax challenges arising from the digitalization of the economy has been a top priority of the OECD since 2015. Pascal Saint-Amans, director, Centre for Tax Policy and Administration, Organisation for Economic Co-operation and Development, says a multilateral response is essential if countries are to overcome the tax challenges arising from digitalisation Globalisation and digitalisation have facilitated the emergence of new business models . Found insidePublic spending plays a key role in the economic growth and development of most developing economies. This book analyzes revenues, policy, and administration of Domestic Resource Mobilization (DRM) in developing countries. This book provides a comprehensive analysis of the rules governing the taxation of permanent establishments as implemented in the OECD Model Tax Convention and German national tax law. This is the third in ATAF's series of Technical Notes on the tax challenges arising in Africa from the digitalisation of the economy. OECD G20 Base Erosion and Profit Shifting Project Tax Challenges Arising from Digitalisation Economic Impact Assessment Inclusive Framework on BEPS Book Description: In May 2019, the Inclusive Framework adopted a Programme of Work, which was endorsed by the G20 Finance Ministers and G20 Leaders in June 2019. Published : December 29, 2020 | Updated : December 29, 2020 . Pillar One is focused on nexus and profit allocation whereas Pillar Two is focused on global minimum tax. These reports reflect efforts for reaching a multilateral, consensus-based solution to the tax challenges arising from the digitalisation of the economy, and other tax deliverables, and will be reported by the OECD Secretary-General to the G20 Finance Ministers. "Selection of original papers presented at the international conference 'Latin America's Prospects for Upgrading in Global Value Chains,' held on 14-15 March 2012, at Colegio de Mexico, Mexico City"--Title page vers Found insideAddressing base erosion and profit shifting (BEPS) is a key priority of governments. In 2013, OECD and G20 countries, working together on an equal footing, adopted a 15-point Action Plan to address BEPS. By Scott Stewart on January 18, 2021. Since then, the OECD/G20 Inclusive . of the project to address the tax challenges arising from the digitalisation of the Please see www.deloitte.com/about to learn more about our global network of member firms. A multilateral response is essential if countries are to overcome the tax challenges arising from digitalisation Globalisation and digitalisation have changed how and where profits are made. `�:�s��A?��bl*�c���y�W�z��,�>�>vq�Ɯh���F�/)a����JJ��LT�͙q-ͻFlY6�fN���k�)�[ �m?�t�P���ѥ��ҝ�}��ʍ���0����k�J:�慛���aʷe���G��lL+^(��b˥�3/�LݽPlƎ-�ε4�(]�����P�h �"��g�w�x8+�8�G։o{��L{��*!+�no�� L ���LJ �!���4��b` By Scott Stewart on November 12, 2020. See Terms of Use for more information. The OECDs efforts towards addressing the tax challenges arising from digitalization recently reached a new significant phase of work. - Foreword - Abbreviations and acronyms - Introduction to the Interim Report on the Tax Challenges Arising from Digitalisation - Digitalisation, business models and value creation - Implementation and impact of the BEPS package - Relevant tax policy developments - Adapting the international tax system to the digitalisation of the economy - Interim measures to address the tax challenges arising . Tax Challenges Arising from Digitalisation Report on Pillar One Blueprint Book Description: The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to taxpayers. Togo joins the Inclusive Framework on BEPS and participates in the agreement to address the tax challenges arising from the digitalisation of the economy. Tax challenges arising from digitalisation - global anti-base erosion mechanism FW discusses tax challenges arising from digitalisation and the global anti-base erosion mechanism with Matthew Gillespie, Boris Nemirov, Martin Rabenort and Bob Stack at Deloitte Tax. Tax Challenges Arising from Digitalisation - Economic Impact Assessment INCLUSIVE FRAMEWORK ON BEPS Tax Challenges Arising from Digitalisation - Economic Impact Assessment OECD/G20 Base Erosion and Profit Shifting Project V E R S I O L N A U N C H. OECD/G20 Base Erosion a nd Profit Sh ifti ng Project 2. The Organization for Economic Cooperation and Development (OECD)/G-20 Inclusive Framework on Base Erosion and Profit Shifting (IF) on July 1, 2021, issued a Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy (Statement) that 130 of its 139 members had agreed on a way forward to address the tax challenges arising from the . of the economy. FW discusses tax challenges arising from digitalisation and the global anti-base erosion mechanism with Matthew Gillespie, Boris Nemirov, Martin Rabenort and Bob Stack at Deloitte Tax. - Foreword - Abbreviations and acronyms - Introduction to the Interim Report on the Tax Challenges Arising from Digitalisation - Digitalisation, business models and value creation - Implementation and impact of the BEPS package - Relevant ... The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project laid the foundations %%EOF solution. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. Found insideThe International VAT/GST Guidelines present a set of internationally agreed standards and recommended approaches for the consistent application of VAT to international trade, with a particular focus on trade in services and intangibles. International tax rules have yet to adapt to modern business. could be kept fully informed of the economic and tax revenue impact of key decisions Found insideThis is the first book to analyse what changes are possible, necessary and feasible in order to forestall the unravelling of the existing international tax framework. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. International taxation: Addressing the tax challenges arising from digitalisation of the economy. Tax Challenges Arising from Digitalisation, Report on the OECD's Pillar One Blueprint: Executive Summary. The Organisation for Economic Cooperation and Development (OECD) released comments received on reports described as "Blueprints" concerning solutions to the tax challenges arising from digitalisation of the economy. Found insideMeasuring the Digital Transformation: A Roadmap for the Future provides new insights into the state of the digital transformation by mapping indicators across a range of areas – from education and innovation, to trade and economic and ... OECD/G20 Base Erosion and Profit Shifting Project, © Publisher: OECD Publishing ISBN: 9789264494831 Category: Page: 282 View: 272 Read Now » In May 2019, the Inclusive Framework adopted a Programme of Work, which was endorsed by the G20 Finance Ministers and G20 Leaders in . Leading beyond the disruption. Published on October 12, 2020Also available in: French, In series:OECD/G20 Base Erosion and Profit Shifting Projectview more titles, 20 October 202016:00 (CEST) | 10:00 (EDT). Download Tax Challenges Arising From Digitalisation Economic Impact Assessment books, The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project laid the foundations of the project to address the tax challenges arising from the digitalisation of the economy with the release of the BEPS Action 1 Report. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. Tax challenges arising from the digitalisation of the economy/Global anti-base erosion (GloBE) 14 July 2021 Tax Bites Podcast: The Fit for 55 package: (R)evolution in Green Taxation! It sets out the Inclusive Framework's agreed direction of work on digitalisation and the international tax rules through to 2020. Since then, the OECD/G20 Inclusive Framework on BEPS has been working on the issue, delivering an interim report in March 2018, at the request of the G20. In their latest communiqué, G20 digital service taxes) and an increase in tax and trade disputes, which could reduce global GDP more than 1% in the worst case scenario. In 2019, members of the Inclusive Framework agreed to examine proposals in two pillars which could form the basis for a consensus solution to the tax challenges arising from digitalisation. The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to ... The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to ... The book covers such practical issues as the impact of tax law on U.S. competitiveness, the volume and location of research and development spending, the extent of foreign direct investment, and the financial practices of multinational ... k.O&(hA���m�5�T;W[\�#.�P2�s]Y{��C�F���D�tV[�־�ĵW�u3'���i�F,��cP���#���F�,Yo�wY/�7Y�:�gXo����Y?����3��w���;������UѯR�sHuaYG�n�:R�P����5�M�����>��S�F�&>�4� =��4:VA?�X����k�X����_!���@f��>��}և���i�Y����� �'� �� Posted in OECD and BEPS, Public Policy and Legislative. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. H��V�n�F}�W�T�^�%�ͱ_�@[�y�%�2j��"�����^hʱ�6@���圙ّ��n;��ه�`���W����f��a��7k��.o�,���[���|8l~�+�8� Please enable JavaScript to view the site. It builds on the solutions for the effective collection of VAT/GST on digital sales included in the International VAT/GST Guidelines and the 2015 BEPS Action 1 Final Report “Addressing the Tax Challenges of the Digital Economy.” It is ... Download Tax Challenges Arising From Digitalisation Economic Impact Assessment books, The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project laid the foundations of the project to address the tax challenges arising from the digitalisation of the economy with the release of the BEPS Action 1 Report. m3]����,��z�\��Wٰ��ϴO���Fǃ�� �J�;�D�zQ0 o�b&A>�. In May 2019, the Inclusive Framework adopted a Programme of Work, which was endorsed This book discusses the various aspects of the taxation of the digital economy, ranging from value creation to significant digital presence and the digital services tax. h��U�N�@��}Ut/�FB��+QDq(m�ߙu�q�Sc�w�p.a�sa���b���8Dp��C�#��8�����j$�,tZ�f������z��'�0��ۊ����,ΗI�u�����p- N�����.G+�+�w� j��.��" z%7�+�U�?f�S:{�*z�ћR��e���ҩ�ǻ in working towards a global solution for addressing the tax challenges arising from digitalisation during these challenging times. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. h�b```�o,̡� �� Tax Challenges Arising from Digitalisation - Economic Impact Assessment INCLUSIVE FRAMEWORK ON BEPS Tax Challenges Arising from Digitalisation - Economic Impact Assessment OECD/G20 Base Erosion and Profit Shifting Project V E R S I O L N A U N C H. OECD/G20 Base Erosion a nd Profit Sh ifti ng Project In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. We provide here our analysis of the proposals in the Statement published 1 July 2021 by the OECD from the Inclusive Framework on BEPS for addressing the tax challenges arising from digitalisation of the economy.. Summary . consultationdocument-addressing-the-tax-challenges-of-the-digitalisation-of- the-economy .pdf (accessed 19 February 2019). economy with the release of the BEPS Action 1 Report. Proposal for Addressing Tax Challenges Arising from Digitalisation January 17, 2019 Context, Motivation and Objective 1) The Digitalisation of the economy, which is increasingly becoming all pervasive, has rendered the existing international rules that allocate taxing rights among countries largely ineffective, if not The proposals fall under two pillars, which are described in the Pillar One and Pillar Two Blueprint reports released last week (OECD, 2020a; OECD, 2020b). Additionally, this book will be of interest to scholars of international relations and the development of law at international organisations. Executive summary. Found inside – Page 1This handbook is part of the wider WBG engagement in supporting countries with Domestic Resource Mobilization (DRM) by protecting their tax base and aims to cover all relevant aspects that have to be considered when introducing or ... Found insideThe OECD Digital Economy Outlook examines and documents the evolutions and emerging opportunities and challenges in the digital economy. This agreement is historic in accepting for the first time the need to apply a formulaic method to apportion at least part of the total global profits of the MNEs concerned . The Programme of Work outlined endstream endobj startxref Found inside – Page 1This book contains essays written in honour of Prof. Dr Bertil Wiman, a renowned tax scholar and much-appreciated teacher. Prof. Wiman is one of the founding members of EATLP, former chairman of EATLP and former vice president of IFA. endstream endobj 1108 0 obj <>/Metadata 94 0 R/OCProperties<>/OCGs[1123 0 R 1124 0 R]>>/Outlines 118 0 R/PageLayout/SinglePage/Pages 1098 0 R/StructTreeRoot 264 0 R/Type/Catalog>> endobj 1109 0 obj <>/ExtGState<>/Font<>/Properties<>/XObject<>>>/Rotate 0/StructParents 42/Tabs/S/Type/Page>> endobj 1110 0 obj <>stream OECD (2018), T ax Challenges Arising f rom Digitalization - Interim . (File photo). Since then, the OECD/G20 Inclusive It also provided that the OECD Secretariat would undertake an economic impact This Note draws on the G-24's comments sent to the Inclusive Framework in December, 2020 and in May, 2021. The Digital Economy Report 2019 on "Value creation and capture: Implications for developing countries" takes stock of recent trends in the global digital landscape and discusses the development and policy implications of data and digital ... The tax challenges arising from the digitalisation of the economy were identified as one of the main areas of focus of the Base Erosion and Profit Shifting (BEPS) Action Plan, becoming known as BEPS Action 1, in 2015. relating to the proposals. The group discussed tax challenges arising from digitalization and the global anti-base erosion mechanism. OECD Programme of Work on the Tax Challenges Arising from the Digitalisation of the Economy On 31 May 2019, as part of the ongoing work of the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting, the OECD released a Programme of Work to Develop a Consensus Solution to the Tax Challenges Arising from the Digitalisation of the Economy. Tax administration improvements have contributed significantly to a doubling of China’s tax-to-GDP ratio and the substantial reduction in taxpayers’ compliance costs since the mid-1990s. 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Pascal Saint-Amans, director, Centre for Tax Policy and Administration, Organisation for Economic Co-operation and Development, says a multilateral response is essential if countries are to overcome the tax challenges arising from digitalisation Globalisation and digitalisation have facilitated the emergence of new business models . Found insidePublic spending plays a key role in the economic growth and development of most developing economies. This book analyzes revenues, policy, and administration of Domestic Resource Mobilization (DRM) in developing countries. This book provides a comprehensive analysis of the rules governing the taxation of permanent establishments as implemented in the OECD Model Tax Convention and German national tax law. This is the third in ATAF's series of Technical Notes on the tax challenges arising in Africa from the digitalisation of the economy. OECD G20 Base Erosion and Profit Shifting Project Tax Challenges Arising from Digitalisation Economic Impact Assessment Inclusive Framework on BEPS Book Description: In May 2019, the Inclusive Framework adopted a Programme of Work, which was endorsed by the G20 Finance Ministers and G20 Leaders in June 2019. Published : December 29, 2020 | Updated : December 29, 2020 . Pillar One is focused on nexus and profit allocation whereas Pillar Two is focused on global minimum tax. These reports reflect efforts for reaching a multilateral, consensus-based solution to the tax challenges arising from the digitalisation of the economy, and other tax deliverables, and will be reported by the OECD Secretary-General to the G20 Finance Ministers. "Selection of original papers presented at the international conference 'Latin America's Prospects for Upgrading in Global Value Chains,' held on 14-15 March 2012, at Colegio de Mexico, Mexico City"--Title page vers Found insideAddressing base erosion and profit shifting (BEPS) is a key priority of governments. In 2013, OECD and G20 countries, working together on an equal footing, adopted a 15-point Action Plan to address BEPS. By Scott Stewart on January 18, 2021. Since then, the OECD/G20 Inclusive . of the project to address the tax challenges arising from the digitalisation of the Please see www.deloitte.com/about to learn more about our global network of member firms. A multilateral response is essential if countries are to overcome the tax challenges arising from digitalisation Globalisation and digitalisation have changed how and where profits are made. `�:�s��A?��bl*�c���y�W�z��,�>�>vq�Ɯh���F�/)a����JJ��LT�͙q-ͻFlY6�fN���k�)�[ �m?�t�P���ѥ��ҝ�}��ʍ���0����k�J:�慛���aʷe���G��lL+^(��b˥�3/�LݽPlƎ-�ε4�(]�����P�h �"��g�w�x8+�8�G։o{��L{��*!+�no�� L ���LJ �!���4��b` By Scott Stewart on November 12, 2020. See Terms of Use for more information. The OECDs efforts towards addressing the tax challenges arising from digitalization recently reached a new significant phase of work. - Foreword - Abbreviations and acronyms - Introduction to the Interim Report on the Tax Challenges Arising from Digitalisation - Digitalisation, business models and value creation - Implementation and impact of the BEPS package - Relevant tax policy developments - Adapting the international tax system to the digitalisation of the economy - Interim measures to address the tax challenges arising . Tax Challenges Arising from Digitalisation Report on Pillar One Blueprint Book Description: The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to taxpayers. Togo joins the Inclusive Framework on BEPS and participates in the agreement to address the tax challenges arising from the digitalisation of the economy. Tax challenges arising from digitalisation - global anti-base erosion mechanism FW discusses tax challenges arising from digitalisation and the global anti-base erosion mechanism with Matthew Gillespie, Boris Nemirov, Martin Rabenort and Bob Stack at Deloitte Tax. Tax Challenges Arising from Digitalisation - Economic Impact Assessment INCLUSIVE FRAMEWORK ON BEPS Tax Challenges Arising from Digitalisation - Economic Impact Assessment OECD/G20 Base Erosion and Profit Shifting Project V E R S I O L N A U N C H. OECD/G20 Base Erosion a nd Profit Sh ifti ng Project 2. The Organization for Economic Cooperation and Development (OECD)/G-20 Inclusive Framework on Base Erosion and Profit Shifting (IF) on July 1, 2021, issued a Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy (Statement) that 130 of its 139 members had agreed on a way forward to address the tax challenges arising from the . of the economy. FW discusses tax challenges arising from digitalisation and the global anti-base erosion mechanism with Matthew Gillespie, Boris Nemirov, Martin Rabenort and Bob Stack at Deloitte Tax. - Foreword - Abbreviations and acronyms - Introduction to the Interim Report on the Tax Challenges Arising from Digitalisation - Digitalisation, business models and value creation - Implementation and impact of the BEPS package - Relevant ... The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project laid the foundations %%EOF solution. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. Found insideThe International VAT/GST Guidelines present a set of internationally agreed standards and recommended approaches for the consistent application of VAT to international trade, with a particular focus on trade in services and intangibles. International tax rules have yet to adapt to modern business. could be kept fully informed of the economic and tax revenue impact of key decisions Found insideThis is the first book to analyse what changes are possible, necessary and feasible in order to forestall the unravelling of the existing international tax framework. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. International taxation: Addressing the tax challenges arising from digitalisation of the economy. Tax Challenges Arising from Digitalisation, Report on the OECD's Pillar One Blueprint: Executive Summary. The Organisation for Economic Cooperation and Development (OECD) released comments received on reports described as "Blueprints" concerning solutions to the tax challenges arising from digitalisation of the economy. Found insideMeasuring the Digital Transformation: A Roadmap for the Future provides new insights into the state of the digital transformation by mapping indicators across a range of areas – from education and innovation, to trade and economic and ... OECD/G20 Base Erosion and Profit Shifting Project, © Publisher: OECD Publishing ISBN: 9789264494831 Category: Page: 282 View: 272 Read Now » In May 2019, the Inclusive Framework adopted a Programme of Work, which was endorsed by the G20 Finance Ministers and G20 Leaders in . Leading beyond the disruption. Published on October 12, 2020Also available in: French, In series:OECD/G20 Base Erosion and Profit Shifting Projectview more titles, 20 October 202016:00 (CEST) | 10:00 (EDT). Download Tax Challenges Arising From Digitalisation Economic Impact Assessment books, The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project laid the foundations of the project to address the tax challenges arising from the digitalisation of the economy with the release of the BEPS Action 1 Report. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. Tax challenges arising from the digitalisation of the economy/Global anti-base erosion (GloBE) 14 July 2021 Tax Bites Podcast: The Fit for 55 package: (R)evolution in Green Taxation! It sets out the Inclusive Framework's agreed direction of work on digitalisation and the international tax rules through to 2020. Since then, the OECD/G20 Inclusive Framework on BEPS has been working on the issue, delivering an interim report in March 2018, at the request of the G20. In their latest communiqué, G20 digital service taxes) and an increase in tax and trade disputes, which could reduce global GDP more than 1% in the worst case scenario. In 2019, members of the Inclusive Framework agreed to examine proposals in two pillars which could form the basis for a consensus solution to the tax challenges arising from digitalisation. The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to ... The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to ... The book covers such practical issues as the impact of tax law on U.S. competitiveness, the volume and location of research and development spending, the extent of foreign direct investment, and the financial practices of multinational ... k.O&(hA���m�5�T;W[\�#.�P2�s]Y{��C�F���D�tV[�־�ĵW�u3'���i�F,��cP���#���F�,Yo�wY/�7Y�:�gXo����Y?����3��w���;������UѯR�sHuaYG�n�:R�P����5�M�����>��S�F�&>�4� =��4:VA?�X����k�X����_!���@f��>��}և���i�Y����� �'� �� Posted in OECD and BEPS, Public Policy and Legislative. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. H��V�n�F}�W�T�^�%�ͱ_�@[�y�%�2j��"�����^hʱ�6@���圙ّ��n;��ه�`���W����f��a��7k��.o�,���[���|8l~�+�8� Please enable JavaScript to view the site. It builds on the solutions for the effective collection of VAT/GST on digital sales included in the International VAT/GST Guidelines and the 2015 BEPS Action 1 Final Report “Addressing the Tax Challenges of the Digital Economy.” It is ... Download Tax Challenges Arising From Digitalisation Economic Impact Assessment books, The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project laid the foundations of the project to address the tax challenges arising from the digitalisation of the economy with the release of the BEPS Action 1 Report. m3]����,��z�\��Wٰ��ϴO���Fǃ�� �J�;�D�zQ0 o�b&A>�. In May 2019, the Inclusive Framework adopted a Programme of Work, which was endorsed This book discusses the various aspects of the taxation of the digital economy, ranging from value creation to significant digital presence and the digital services tax. h��U�N�@��}Ut/�FB��+QDq(m�ߙu�q�Sc�w�p.a�sa���b���8Dp��C�#��8�����j$�,tZ�f������z��'�0��ۊ����,ΗI�u�����p- N�����.G+�+�w� j��.��" z%7�+�U�?f�S:{�*z�ћR��e���ҩ�ǻ in working towards a global solution for addressing the tax challenges arising from digitalisation during these challenging times. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. h�b```�o,̡� �� Tax Challenges Arising from Digitalisation - Economic Impact Assessment INCLUSIVE FRAMEWORK ON BEPS Tax Challenges Arising from Digitalisation - Economic Impact Assessment OECD/G20 Base Erosion and Profit Shifting Project V E R S I O L N A U N C H. OECD/G20 Base Erosion a nd Profit Sh ifti ng Project In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. We provide here our analysis of the proposals in the Statement published 1 July 2021 by the OECD from the Inclusive Framework on BEPS for addressing the tax challenges arising from digitalisation of the economy.. Summary . consultationdocument-addressing-the-tax-challenges-of-the-digitalisation-of- the-economy .pdf (accessed 19 February 2019). economy with the release of the BEPS Action 1 Report. Proposal for Addressing Tax Challenges Arising from Digitalisation January 17, 2019 Context, Motivation and Objective 1) The Digitalisation of the economy, which is increasingly becoming all pervasive, has rendered the existing international rules that allocate taxing rights among countries largely ineffective, if not The proposals fall under two pillars, which are described in the Pillar One and Pillar Two Blueprint reports released last week (OECD, 2020a; OECD, 2020b). Additionally, this book will be of interest to scholars of international relations and the development of law at international organisations. Executive summary. Found inside – Page 1This handbook is part of the wider WBG engagement in supporting countries with Domestic Resource Mobilization (DRM) by protecting their tax base and aims to cover all relevant aspects that have to be considered when introducing or ... Found insideThe OECD Digital Economy Outlook examines and documents the evolutions and emerging opportunities and challenges in the digital economy. This agreement is historic in accepting for the first time the need to apply a formulaic method to apportion at least part of the total global profits of the MNEs concerned . The Programme of Work outlined endstream endobj startxref Found inside – Page 1This book contains essays written in honour of Prof. Dr Bertil Wiman, a renowned tax scholar and much-appreciated teacher. Prof. Wiman is one of the founding members of EATLP, former chairman of EATLP and former vice president of IFA. endstream endobj 1108 0 obj <>/Metadata 94 0 R/OCProperties<>/OCGs[1123 0 R 1124 0 R]>>/Outlines 118 0 R/PageLayout/SinglePage/Pages 1098 0 R/StructTreeRoot 264 0 R/Type/Catalog>> endobj 1109 0 obj <>/ExtGState<>/Font<>/Properties<>/XObject<>>>/Rotate 0/StructParents 42/Tabs/S/Type/Page>> endobj 1110 0 obj <>stream OECD (2018), T ax Challenges Arising f rom Digitalization - Interim . (File photo). Since then, the OECD/G20 Inclusive It also provided that the OECD Secretariat would undertake an economic impact This Note draws on the G-24's comments sent to the Inclusive Framework in December, 2020 and in May, 2021. The Digital Economy Report 2019 on "Value creation and capture: Implications for developing countries" takes stock of recent trends in the global digital landscape and discusses the development and policy implications of data and digital ... The tax challenges arising from the digitalisation of the economy were identified as one of the main areas of focus of the Base Erosion and Profit Shifting (BEPS) Action Plan, becoming known as BEPS Action 1, in 2015. relating to the proposals. The group discussed tax challenges arising from digitalization and the global anti-base erosion mechanism. OECD Programme of Work on the Tax Challenges Arising from the Digitalisation of the Economy On 31 May 2019, as part of the ongoing work of the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting, the OECD released a Programme of Work to Develop a Consensus Solution to the Tax Challenges Arising from the Digitalisation of the Economy. Tax administration improvements have contributed significantly to a doubling of China’s tax-to-GDP ratio and the substantial reduction in taxpayers’ compliance costs since the mid-1990s. 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The COVID-19 pandemic has […] Found insideThis Selected Issues paper analyzes macro-financial linkages for Belize. The banking system in Belize is facing significant challenges that could have a negative impact on the wider economy. Framework on BEPS has been working on the issue, delivering an interim report in March DTTL and each of its member firms are legally separate and independent entities. Published by Financier Worldwide Ltd ©2020 Financier Worldwide Ltd. July 1, 2021. As the world becomes more digital, international tax principles have some catching up to do to remain relevant in today's world . in the absence of an agreement by the Since then, the OECD/G20 Inclusive Framework on BEPS has been working on the issue, delivering an interim report in March 2018, at the request of the G20. 1132 0 obj <>stream Addressing base erosion and profit shifting (BEPS) is a key priority of governments. In 2013, OECD and G20 countries, working together on an equal footing, adopted a 15-point Action Plan to address BEPS. As the Head of Tax Policy at the OECD, David Bradbury led the team that recently delivered the Interim Report on the Tax Challenges Arising from Digitalisation to G20 Finance Ministers.. David will be visiting the Tax and Transfer Policy Institute at the Crawford School to discuss the key findings of the OECD's Interim Report. assessment of the proposals to ensure that all members of the Inclusive Framework TAX CHALLENGES ARISING FROM THE DIGITALISATION OF THE ECONOMY Pan African Conference Nairobi, Kenya 1st October 2019 of the Pillar One and Pillar Two proposals under discussion by the Inclusive Framework �Q�&ŤP% d����+U�S�����zVK�WOI���.�y.v��$�8"�2-!�%�ʋ�Li/$�;�ד��zrI8�BR��F��| h��B��jA��R���:N7�1�G8s\ړ�����ծ3�s�0���XB�d��?��\xs�7ĘN��ޡ�$��IX$2=�-I��T��x4����8�|�ȳn�./g�U���M�����J�If�TF�Jm~]�zX�b�E�����������+K��7K���$�2i��IQV��,��+�LƩ~���~Æ���,��H�p4���B�e�.�� The following Deloitte leaders contributed their insights to this article on the digital transformation of the tax function. �3��xb QA����(R���� �g�2��D;� ����\%��r8����2(��Vc)!9�����2��E�8zm5��Y�1q2i-�V���AVM�����/��v0Y.���1�Ǻ��I�q�#����L1&�lN���D���Ï���I�!���d�f Book Tax Challenges Arising from Digitalisation - Interim Report 2018 Description/Summary: This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. h�bbd```b`` ��L`2,"Y�@$�+�L����$c�1��`"e�@���@��Z&F�G`5 SI$�3��� � u+ reform of the international tax rules to address the tax challenges arising from the digitalisation of the economy. Book Tax Challenges Arising from Digitalisation - Interim Report 2018 Description/Summary: This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. The proposals fall under two pillars, which are described in the Pillar One and Pillar Two Blueprint reports released last week (OECD, 2020a; OECD, 2020b). Organizations and tax departments foster the changing role of the tax professional. Tax Challenges Arising from Digitalisation - Interim Report 2018 (the Interim Report). Book Tax Challenges Arising from Digitalisation - Interim Report 2018 Description/Summary: This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. Tax challenges arising from digitalisation By . Social login not available on Microsoft Edge browser at this time. Since then, the OECD/G20 Inclusive Framework on BEPS has been working on the issue, delivering an interim report in March 2018, at the request of the G20. The tax challenges arising from the digitalisation of the economy were identified as one of the main areas of focus of the Base Erosion and Profit Shifting (BEPS) Action Plan, becoming known as BEPS Action 1, in 2015. Explore Deloitte University like never before through a cinematic movie trailer and films of popular locations throughout Deloitte University. The Programme of Work outlined proposals in two pillars that could form the basis for a multilateral consensus-based solution. ICC welcomed the opportunity to provide input on the Organisation for Economic Co-operation and Development (OECD)'s public consultation document on the Reports on the Pillar One and Pillar Two Blueprints, as part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (the Inclusive Framework) to address the tax challenges arising from digitalisation. Proposal for Addressing Tax Challenges Arising from Digitalisation January 17, 2019 Context, Motivation and Objective 1) The Digitalisation of the economy, which is increasingly becoming all pervasive, has rendered the existing international rules that allocate taxing rights among countries largely ineffective, if not UEP v1.9.3. At the request of the G20, the Inclusive Framework has continued to work on the issue, delivering an interim report in March 2018. ATAF current position on the tax challenges arising from the digitalisation of the economy 3.1 On 9th to 10th January 2019 the ATAF Cross Border Taxation Technical Committee convened in Pretoria, South Africa to discuss the Inclusive Framework proposals, the work being done the tax challenges arising from the digitalisation of the economy June 2019 The tax challenges of the digitalisation of the economy were identified as one of the main areas of focus of the Organisation for Economic Co-operation and Development (OECD)/G20 Base Erosion and Profit Shifting (BEPS) Project, leading to the 2015 BEPS Action Plan 1 Report. DTTL (also referred to as "Deloitte Global") does not provide services to clients. Tax competition in the form of harmful tax practices can distort trade and investment patterns, erode national tax bases and shift part of the tax burden onto less mobile tax bases. 2018, at the request of the G20. Found insideAddressing base erosion and profit shifting (BEPS) is a key priority of governments. In 2013, OECD and G20 countries, working together on an equal footing, adopted a 15-point Action Plan to address BEPS. ݁'�P�3z@�����\4��C��� � �ų FW: In what ways does the continued digitalisation of the economy require changes to tax policies and procedures? This consolidated version of the OECD Transfer Pricing Guidelines includes the revised guidance on safe harbours adopted in 2013, as well as the recent amendments made by the Reports on Actions 8-10 and 13 of the BEPS Actions Plan and ... The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project laid the foundations of the project to address the tax challenges arising from the digitalisation of the economy with the release of the BEPS Action 1 Report. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. Nicky Gouder. Found insideIn this timely book – a global guide to formulary apportionment, both as it exists in practice and how it might function internationally – a knowledgeable group of contributors from Australia, Canada, the United Kingdom and the United ... During the presentation of the update, the OECD published two reports on the OECD's two-pillar solution to the tax . tax them or only taxes the profits to a limited extent. Found insideThis volume provides a comprehensive guide to the status of the OECD-led international work on taxation and electronic commerce, and hence to emerging conclusions and recommendations across a wide span of tax policy and tax administration ... 1121 0 obj <>/Filter/FlateDecode/ID[<89702223A3C1604D88F2238FFB83F67D>]/Index[1107 26]/Info 1106 0 R/Length 85/Prev 530596/Root 1108 0 R/Size 1133/Type/XRef/W[1 3 1]>>stream For its March 2020 issue, Financier Worldwide interviewed Matt Gillespie, partner, Deloitte Tax LLP, Boris Nemirov, Tax principal, Deloitte Tax LLP, Martin Rabenort, partner, Deloitte Netherlands, and Bob Stack, managing director, Deloitte Tax LLP. Addressing the tax challenges arising from the digitalization of the economy has been a top priority of the OECD since 2015. Pascal Saint-Amans, director, Centre for Tax Policy and Administration, Organisation for Economic Co-operation and Development, says a multilateral response is essential if countries are to overcome the tax challenges arising from digitalisation Globalisation and digitalisation have facilitated the emergence of new business models . Found insidePublic spending plays a key role in the economic growth and development of most developing economies. This book analyzes revenues, policy, and administration of Domestic Resource Mobilization (DRM) in developing countries. This book provides a comprehensive analysis of the rules governing the taxation of permanent establishments as implemented in the OECD Model Tax Convention and German national tax law. This is the third in ATAF's series of Technical Notes on the tax challenges arising in Africa from the digitalisation of the economy. OECD G20 Base Erosion and Profit Shifting Project Tax Challenges Arising from Digitalisation Economic Impact Assessment Inclusive Framework on BEPS Book Description: In May 2019, the Inclusive Framework adopted a Programme of Work, which was endorsed by the G20 Finance Ministers and G20 Leaders in June 2019. Published : December 29, 2020 | Updated : December 29, 2020 . Pillar One is focused on nexus and profit allocation whereas Pillar Two is focused on global minimum tax. These reports reflect efforts for reaching a multilateral, consensus-based solution to the tax challenges arising from the digitalisation of the economy, and other tax deliverables, and will be reported by the OECD Secretary-General to the G20 Finance Ministers. "Selection of original papers presented at the international conference 'Latin America's Prospects for Upgrading in Global Value Chains,' held on 14-15 March 2012, at Colegio de Mexico, Mexico City"--Title page vers Found insideAddressing base erosion and profit shifting (BEPS) is a key priority of governments. In 2013, OECD and G20 countries, working together on an equal footing, adopted a 15-point Action Plan to address BEPS. By Scott Stewart on January 18, 2021. Since then, the OECD/G20 Inclusive . of the project to address the tax challenges arising from the digitalisation of the Please see www.deloitte.com/about to learn more about our global network of member firms. A multilateral response is essential if countries are to overcome the tax challenges arising from digitalisation Globalisation and digitalisation have changed how and where profits are made. `�:�s��A?��bl*�c���y�W�z��,�>�>vq�Ɯh���F�/)a����JJ��LT�͙q-ͻFlY6�fN���k�)�[ �m?�t�P���ѥ��ҝ�}��ʍ���0����k�J:�慛���aʷe���G��lL+^(��b˥�3/�LݽPlƎ-�ε4�(]�����P�h �"��g�w�x8+�8�G։o{��L{��*!+�no�� L ���LJ �!���4��b` By Scott Stewart on November 12, 2020. See Terms of Use for more information. The OECDs efforts towards addressing the tax challenges arising from digitalization recently reached a new significant phase of work. - Foreword - Abbreviations and acronyms - Introduction to the Interim Report on the Tax Challenges Arising from Digitalisation - Digitalisation, business models and value creation - Implementation and impact of the BEPS package - Relevant tax policy developments - Adapting the international tax system to the digitalisation of the economy - Interim measures to address the tax challenges arising . Tax Challenges Arising from Digitalisation Report on Pillar One Blueprint Book Description: The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to taxpayers. Togo joins the Inclusive Framework on BEPS and participates in the agreement to address the tax challenges arising from the digitalisation of the economy. Tax challenges arising from digitalisation - global anti-base erosion mechanism FW discusses tax challenges arising from digitalisation and the global anti-base erosion mechanism with Matthew Gillespie, Boris Nemirov, Martin Rabenort and Bob Stack at Deloitte Tax. Tax Challenges Arising from Digitalisation - Economic Impact Assessment INCLUSIVE FRAMEWORK ON BEPS Tax Challenges Arising from Digitalisation - Economic Impact Assessment OECD/G20 Base Erosion and Profit Shifting Project V E R S I O L N A U N C H. OECD/G20 Base Erosion a nd Profit Sh ifti ng Project 2. The Organization for Economic Cooperation and Development (OECD)/G-20 Inclusive Framework on Base Erosion and Profit Shifting (IF) on July 1, 2021, issued a Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy (Statement) that 130 of its 139 members had agreed on a way forward to address the tax challenges arising from the . of the economy. FW discusses tax challenges arising from digitalisation and the global anti-base erosion mechanism with Matthew Gillespie, Boris Nemirov, Martin Rabenort and Bob Stack at Deloitte Tax. - Foreword - Abbreviations and acronyms - Introduction to the Interim Report on the Tax Challenges Arising from Digitalisation - Digitalisation, business models and value creation - Implementation and impact of the BEPS package - Relevant ... The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project laid the foundations %%EOF solution. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. Found insideThe International VAT/GST Guidelines present a set of internationally agreed standards and recommended approaches for the consistent application of VAT to international trade, with a particular focus on trade in services and intangibles. International tax rules have yet to adapt to modern business. could be kept fully informed of the economic and tax revenue impact of key decisions Found insideThis is the first book to analyse what changes are possible, necessary and feasible in order to forestall the unravelling of the existing international tax framework. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. International taxation: Addressing the tax challenges arising from digitalisation of the economy. Tax Challenges Arising from Digitalisation, Report on the OECD's Pillar One Blueprint: Executive Summary. The Organisation for Economic Cooperation and Development (OECD) released comments received on reports described as "Blueprints" concerning solutions to the tax challenges arising from digitalisation of the economy. Found insideMeasuring the Digital Transformation: A Roadmap for the Future provides new insights into the state of the digital transformation by mapping indicators across a range of areas – from education and innovation, to trade and economic and ... OECD/G20 Base Erosion and Profit Shifting Project, © Publisher: OECD Publishing ISBN: 9789264494831 Category: Page: 282 View: 272 Read Now » In May 2019, the Inclusive Framework adopted a Programme of Work, which was endorsed by the G20 Finance Ministers and G20 Leaders in . Leading beyond the disruption. Published on October 12, 2020Also available in: French, In series:OECD/G20 Base Erosion and Profit Shifting Projectview more titles, 20 October 202016:00 (CEST) | 10:00 (EDT). Download Tax Challenges Arising From Digitalisation Economic Impact Assessment books, The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project laid the foundations of the project to address the tax challenges arising from the digitalisation of the economy with the release of the BEPS Action 1 Report. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. Tax challenges arising from the digitalisation of the economy/Global anti-base erosion (GloBE) 14 July 2021 Tax Bites Podcast: The Fit for 55 package: (R)evolution in Green Taxation! It sets out the Inclusive Framework's agreed direction of work on digitalisation and the international tax rules through to 2020. Since then, the OECD/G20 Inclusive Framework on BEPS has been working on the issue, delivering an interim report in March 2018, at the request of the G20. In their latest communiqué, G20 digital service taxes) and an increase in tax and trade disputes, which could reduce global GDP more than 1% in the worst case scenario. In 2019, members of the Inclusive Framework agreed to examine proposals in two pillars which could form the basis for a consensus solution to the tax challenges arising from digitalisation. The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to ... The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to ... The book covers such practical issues as the impact of tax law on U.S. competitiveness, the volume and location of research and development spending, the extent of foreign direct investment, and the financial practices of multinational ... k.O&(hA���m�5�T;W[\�#.�P2�s]Y{��C�F���D�tV[�־�ĵW�u3'���i�F,��cP���#���F�,Yo�wY/�7Y�:�gXo����Y?����3��w���;������UѯR�sHuaYG�n�:R�P����5�M�����>��S�F�&>�4� =��4:VA?�X����k�X����_!���@f��>��}և���i�Y����� �'� �� Posted in OECD and BEPS, Public Policy and Legislative. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. H��V�n�F}�W�T�^�%�ͱ_�@[�y�%�2j��"�����^hʱ�6@���圙ّ��n;��ه�`���W����f��a��7k��.o�,���[���|8l~�+�8� Please enable JavaScript to view the site. It builds on the solutions for the effective collection of VAT/GST on digital sales included in the International VAT/GST Guidelines and the 2015 BEPS Action 1 Final Report “Addressing the Tax Challenges of the Digital Economy.” It is ... Download Tax Challenges Arising From Digitalisation Economic Impact Assessment books, The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project laid the foundations of the project to address the tax challenges arising from the digitalisation of the economy with the release of the BEPS Action 1 Report. m3]����,��z�\��Wٰ��ϴO���Fǃ�� �J�;�D�zQ0 o�b&A>�. In May 2019, the Inclusive Framework adopted a Programme of Work, which was endorsed This book discusses the various aspects of the taxation of the digital economy, ranging from value creation to significant digital presence and the digital services tax. h��U�N�@��}Ut/�FB��+QDq(m�ߙu�q�Sc�w�p.a�sa���b���8Dp��C�#��8�����j$�,tZ�f������z��'�0��ۊ����,ΗI�u�����p- N�����.G+�+�w� j��.��" z%7�+�U�?f�S:{�*z�ћR��e���ҩ�ǻ in working towards a global solution for addressing the tax challenges arising from digitalisation during these challenging times. This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. h�b```�o,̡� �� Tax Challenges Arising from Digitalisation - Economic Impact Assessment INCLUSIVE FRAMEWORK ON BEPS Tax Challenges Arising from Digitalisation - Economic Impact Assessment OECD/G20 Base Erosion and Profit Shifting Project V E R S I O L N A U N C H. OECD/G20 Base Erosion a nd Profit Sh ifti ng Project In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. We provide here our analysis of the proposals in the Statement published 1 July 2021 by the OECD from the Inclusive Framework on BEPS for addressing the tax challenges arising from digitalisation of the economy.. Summary . consultationdocument-addressing-the-tax-challenges-of-the-digitalisation-of- the-economy .pdf (accessed 19 February 2019). economy with the release of the BEPS Action 1 Report. Proposal for Addressing Tax Challenges Arising from Digitalisation January 17, 2019 Context, Motivation and Objective 1) The Digitalisation of the economy, which is increasingly becoming all pervasive, has rendered the existing international rules that allocate taxing rights among countries largely ineffective, if not The proposals fall under two pillars, which are described in the Pillar One and Pillar Two Blueprint reports released last week (OECD, 2020a; OECD, 2020b). Additionally, this book will be of interest to scholars of international relations and the development of law at international organisations. Executive summary. Found inside – Page 1This handbook is part of the wider WBG engagement in supporting countries with Domestic Resource Mobilization (DRM) by protecting their tax base and aims to cover all relevant aspects that have to be considered when introducing or ... Found insideThe OECD Digital Economy Outlook examines and documents the evolutions and emerging opportunities and challenges in the digital economy. This agreement is historic in accepting for the first time the need to apply a formulaic method to apportion at least part of the total global profits of the MNEs concerned . The Programme of Work outlined endstream endobj startxref Found inside – Page 1This book contains essays written in honour of Prof. Dr Bertil Wiman, a renowned tax scholar and much-appreciated teacher. Prof. Wiman is one of the founding members of EATLP, former chairman of EATLP and former vice president of IFA. endstream endobj 1108 0 obj <>/Metadata 94 0 R/OCProperties<>/OCGs[1123 0 R 1124 0 R]>>/Outlines 118 0 R/PageLayout/SinglePage/Pages 1098 0 R/StructTreeRoot 264 0 R/Type/Catalog>> endobj 1109 0 obj <>/ExtGState<>/Font<>/Properties<>/XObject<>>>/Rotate 0/StructParents 42/Tabs/S/Type/Page>> endobj 1110 0 obj <>stream OECD (2018), T ax Challenges Arising f rom Digitalization - Interim . (File photo). Since then, the OECD/G20 Inclusive It also provided that the OECD Secretariat would undertake an economic impact This Note draws on the G-24's comments sent to the Inclusive Framework in December, 2020 and in May, 2021. The Digital Economy Report 2019 on "Value creation and capture: Implications for developing countries" takes stock of recent trends in the global digital landscape and discusses the development and policy implications of data and digital ... The tax challenges arising from the digitalisation of the economy were identified as one of the main areas of focus of the Base Erosion and Profit Shifting (BEPS) Action Plan, becoming known as BEPS Action 1, in 2015. relating to the proposals. The group discussed tax challenges arising from digitalization and the global anti-base erosion mechanism. OECD Programme of Work on the Tax Challenges Arising from the Digitalisation of the Economy On 31 May 2019, as part of the ongoing work of the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting, the OECD released a Programme of Work to Develop a Consensus Solution to the Tax Challenges Arising from the Digitalisation of the Economy. Tax administration improvements have contributed significantly to a doubling of China’s tax-to-GDP ratio and the substantial reduction in taxpayers’ compliance costs since the mid-1990s. 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