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Spanish Government approves digital tax service bill
Feb 18,2023
The Spanish governmenthas approved a billfor a digital service tax for discussion by the parliament. The tax rate applied would be 3% of gross revenues from digital services.  The bill for a digital service tax proposes taxing the revenues of la...
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USA proposal to undermine global digital tax consensus project
Feb 18,2023
The Organisation for Economic Co-operation and Development (OECD) is currently working for a broad consensus to design a digital tax system reflective of the digitisation of the economy. So, there is broad recognition that reaching a multilateral sol...
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Global tax reform can help Africa's digital transformation, EU
Feb 17,2023
The EU
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EU likely to introduce revenue tax and virtual establishment in tax proposal
Feb 16,2023
Bloomberg hasrevealed new details about EU's tax reform proposals. The European Commission is likely to call for a temporary tax on the advertising revenue of large Internet companies, including Facebook and Google. Separately, the Commission will pr...
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Tax reliefs for Internet companies in India and China
Feb 15,2023
Tax reliefs on Internet companies are being discussed in both India and China. In India, the telecom ministry has proposed a ten-year tax 'holiday' for big projects in the IT sector in order to draw investment. In China, the State council of Bei...
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Amazon and Flipkart ask Indian government to scale back tax on e-commerce platforms
Feb 14,2023
Amazon and Flipkart are pushing back against a proposed Indian tax on the online e-commerce market. The two tech industries are asking the indian government to scale back the tax to be paid by third party resellers on their platforms as announced by ...
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European Union wants G20 to prioritize digital tax in 2020
Feb 14,2023
The European Union has sent a confidential letter to G20 asking the International Organisation to work hard in 2020 so as to reach a common tariff rule to tax the tech companies like Google, Facebook, Amazon et Twitter. In the letter, European Union ...
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Facebook expresses its intention to pay more digital tax
Feb 14,2023
Facebook CEO Mark Zuckerberg has expressed his support to international reformsthat would require Silicon Valley tech giants to pay more tax in Europe. At the Munich Security Conferenceon Friday, February 14, Zuckerberg said he accept Facebook may ha...
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OECD explores alternative dispute resolution options
Feb 13,2023
The Organisation for Economic Cooperation and Development (OECD) is pursuing a multinational agreement to overhaul global taxation, it now looks into alternatives for binding dispute resolution mechanisms. As stated In the OECD Secretary General Tax ...
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The US congress decides on a permanent extension of the Tax Freedom Act
Feb 12,2023
After months of debate, the US senate finally decided to pass legislation that puts a permanent ban on states' and local governments' taxing of Internet access. Apart from the permanent extension of the Internet Tax Freedom Act, the congres...
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Russia to increase taxes on US Internet companies
Feb 10,2023
Russia's 'Internet czar' Klimenko said in an interview that he is planning to force Google and Apple to pay higher taxes (18% VAT to as much as$3.9 billion) and to ban Microsoft Windows from government devices. He hopes to thereby stimulate...
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Indian government introduces provision to prepare for global digital tax
Feb 07,2023
As a preparatory measure toward digital taxation, India has introduced a provisionmaking foreign platforms that streams, advertises, or sells goods to an Indian IP address taxable in the country. The purpose of this provision is to make India ready t...
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