Digital service tax

The rise of digitalisation and digital business models has sparked debates within the international community to determine whether the current tax rules are adequate to tax highly digitalised businesses.

In the absence of a global solution, jurisdictions around the world have implemented unilateral measures to ensure the appropriate taxation of digital businesses. With OECD and EU proposals in the pipeline, the digital tax landscape is likely to evolve further in 2021, impacting companies across all sectors.

In order to confront these challenges, companies need to be proactive and closely monitor the latest developments in digital taxation.