The challenges of taxing the digital economy are high on the agenda for many this month, with the UK anticipating updates from both the EU and the OECD. As anticipated last autumn, the Netherlands has enacted emergency retrospective legislation in response to two rulings from the EU. There have been budget announcements in Canada, Hong Kong and Singapore. China has provided guidance on its interpretation of beneficial ownership, and India has concluded two advance pricing agreements which may provide helpful insights for other taxpayers.
