Tax Challenges of Digitization

Insights from KPMG about the potential impact of proposed reforms on the taxation of the digital economy

Brett Weaver

Brett Weaver

Partner & National Leader, Value Chain Management, KPMG US

+1 206-913-6697
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The challenge of how to tax the digital economy was identified in the OECD's BEPS initiative as Action 1: Addressing the Tax Challenges of the Digital Economy. While intergovernmental groups, including the OECD, are trying to build a consensus around taxation of the digital economy, some countries are taking unilateral actions, such as imposing digital services taxes. As the digitization tax debate continues, multinational companies will need to stay abreast of both short- and long-term developments to navigate and prepare successfully for the resulting changes to the global tax landscape.

Jan. 31, 2020 Statement

KPMG insights on OECD's revised "Unified Approach"

CTO Insights Article

Managing the Uncertainty of Digital Taxation

TaxNewsFlash

Digitalized Economy edition – Alerts from KPMG on recent developments

Taxation of the digitalized economy - Development Summary
Updated as of March 25, 2020 | This summary provides a general overview, covering direct and indirect taxes, of how countries are responding to the challenges arising from the digitalized economy.
OECD's Unified Proposal on Pillar One Poses Challenges for Dispute Resolution
December 2019, International Tax Review | This column by KPMG professionals outlines some of the issues that the OECD's unified approach raises, particularly in regard to dispute resolution.
Global Glare: International Tax Reform Steals the Spotight
November 2019 | This issue of CTO Insights discusses how CTOs in companies across America are increasingly focused on global tax reform and the OECD's efforts to develop a unified approach to address the challenges presented by the impact and influence of the digital economy.
INSIGHT: Taxing the Digital Economy – As Simple as "A, B, C"?
October 21, 2019, Daily Tax Report (Bloomberg Tax) | KPMG professionals examine the OECD Secretariat's October 9 proposal under Pillar One, on the allocation of taxing rights and profits, of the Inclusive Framework.
Digital Taxation: International Focus, Individual Doubt
September 2019 | This issue of KPMG's CTO Insights – Issue Spotlight looks at how chief tax officers are addressing the uncertainty around changing international rules regarding the taxation of the digital economy.

2019 to Be a Pivotal Year

May 11, 2019 | What are the challenges in developing a multilateral solution? This article by professionals from several KPMG International member firms outlines progress in 2017 and 2018 by the Inclusive Framework regarding achieving a multilateral solution to the tax challenges of digitalization. The authors then review status, discussion points, and challenges for 2019.

The U.K.'s Proposed Digital Services Tax

May 6, 2019, KPMG In Disputes podcast series | Her Majesty's Treasury proposes to place a direct 2 percent tax on revenues derived from British users' creation of value for digital services businesses.

CTOs & the Digital Economy
February 2019 | In this issue of CTO Insights, CTOs express concern that their voices are not being heard in the digital economy discussion.

Created in partnership with Bloomberg Media Group
French Digital Services Tax
Overview of the French digital services tax and areas taxpayers should consider when analyzing the potential impact


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