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.

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Initial Impressions of Cloud-computing, Digital-content Transactions (Proposed Regulations)


On August 9, 2019, the U.S. Treasury Department and the IRS released for publication proposed regulations that modify and expand the scope of the rules in Reg. section 1.861-18 for classifying transactions involving computer programs and address the classification of cloud transactions.

Read KPMG's initial impressions here


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July 29, 2019, 2 p.m. (ET) | Taxing the Digital Economy: OECD Proposed Pillar One Unified Approach