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. The OECD/G20 Inclusive Framework on BEPS (IF) has largely achieved a consensus around a long-term two-pillar solution to address taxation of the digital economy. At the same time, 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. You'll find insights about these developments from KPMG on this page.
Analysis of December 20th Pillar Two GloBE rules implementation package
Analysis of December 20th Pillar Two GloBE rules implementation package
Overview of the impact of the OECD’s Pillar Two initiative on U.S. multinational groups
Overview of the impact of the OECD’s Pillar Two initiative on U.S. multinational groups
KPMG reports of tax treatment of the digital economy
KPMG reports of tax treatment of the digital economy
December 22, 2022
Overview, covering direct and indirect taxes, of how countries are responding to the challenges arising from the digitalized economy
September 26, 2022
The arm’s-length principle has been the cornerstone of the international tax system for about a century; that system is now in a state of flux and seems under threat. Read this article series that reassesses merits of the arm’s-length principle and significant problems with global formulary apportionment—the perceived alternative. They also consider the impact that OECD initiatives may have on the future of transfer pricing.
August 2022
Is your tax team on top of possible global minimum tax requirements? review our checklist to get started or to help determine where gaps may exist in your tax department's efforts to be prepared for the possible Pillar Two changes.
KPMG TaxWatch webcast replays
KPMG TaxRadio podcasts
