Taxing the Digital Economy: Update on OECD Efforts to Build Consensus
Taxing the Digital Economy: Update on OECD Efforts to Build Consensus
WEBCAST

Taxing the Digital Economy: Update on OECD Efforts to Build Consensus

Webcast overview:

The Organisation for Economic Co-operation and Development’s (OECD) efforts to build global consensus on addressing the tax challenges brought about by the digitalization of the economy is gaining momentum. At the end of May, 129 members of the OECD/G20 Inclusive Framework adopted a two-pillar program of work that sets out a process for reaching a new global agreement for taxing multinational enterprises. Then, in June, the OECD outlined next-step details for studying proposals to revise geographic allocation of taxation rights through amended profit allocation and nexus rules, as well as proposed rules to determine that multinational enterprises face a minimum level of taxation. Nevertheless, unilateral measures have continued to gain momentum—giving rise to possible trade tensions between the United States and other countries.

KPMG LLP (KPMG) is pleased to invite you to a one-hour webcast that provides an update on recent developments, the OECD’s efforts, and what to expect next. Senior-level KPMG Tax who focus on cross-border taxation and global tax policy issues address:

  • Current landscape
  • OECD’s “Programme of Work” – June 2019 progress report to G20 finance ministers
  • Pillars I and II – key issues
  • Controversy considerations
  • What’s next/how to prepare.

Please join us for what promises to be an insightful and informative webcast.

This webcast is part of a series on Taxing the Digital Economy. Look out for information about additional upcoming events that will delve further into this emerging issue. As the debate over how to tax the digital economy is expected to affect companies across industries—not just “digital” companies, this and future webcasts in this series will be of interest to tax executives at all multinational enterprises. 

Speakers:

Stephen Blough

Stephen Blough

Principal, Economic & Valuation Services, KPMG US

Manal Corwin

Manal Corwin

Principal in Charge, Washington National Tax, KPMG US

Jesse Eggert

Jesse Eggert

Principal, International Tax, Washington National Tax, KPMG US

Brett Weaver

Brett Weaver

Partner & National Leader, Value Chain Management, KPMG US

 

What are tax and finance executives thinking about developments in the taxation of the digital economy?
 

Access webcast polling results here

 

BEPS Action 1: Taxation of the Digitalized Economy - Development Summary

General overview of how countries are responding to the tax challenges arising from the digitalized economy

2019 to Be a Pivotal Year

Summary of how the increasingly digitalized economy is taxed; concludes that a sense of urgency is needed to reach long-term, multilateral agreement