There is yet another digital services tax announcement this month with the stakes getting higher as the Czech Republic’s announced rate is more than double any other so far. Digital taxation developments are happening globally on a daily basis. The OECD is being forced to up its game to ensure a multilateral agreement is reached as soon as possible, and there are rumours of a public consultation being held in November. In the EU, we have had expected announcements on Polish anti-hybrid rules, the launch of a new investigation into Belgium ‘excess profits’ tax rulings and confirmation of Ireland bringing its transfer pricing rules into line with other jurisdictions. Hearings in the Apple EU state aid case have also been taking place before the Court of Justice in Luxembourg.
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There is yet another digital services tax announcement this month with the stakes getting higher as the Czech Republic’s announced rate is more than double any other so far. Digital taxation developments are happening globally on a daily basis. The OECD is being forced to up its game to ensure a multilateral agreement is reached as soon as possible, and there are rumours of a public consultation being held in November. In the EU, we have had expected announcements on Polish anti-hybrid rules, the launch of a new investigation into Belgium ‘excess profits’ tax rulings and confirmation of Ireland bringing its transfer pricing rules into line with other jurisdictions. Hearings in the Apple EU state aid case have also been taking place before the Court of Justice in Luxembourg.
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