Borrow it

The Resource Luces y sombras del impuesto digital = Lights and shades of the digital economy

Luces y sombras del impuesto digital = Lights and shades of the digital economy

Resource Information

The item Luces y sombras del impuesto digital = Lights and shades of the digital economy represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation.
This item is available to borrow from 1 library branch.

Summary: As we approach the deadline for a multilateral solution to the corporate taxation of highly digitalized business - it was supposed to be approved by the end of 2020 - it is intellectually stimulating to realize how the BEPS Inclusive Framework has broken longstanding unquestionable taboos, such as the supremacy of transfer pricing or the bilateral nature of international tax relationships. At the same time, we have realized how strong political and administrative constraints ended up blocking the deal. In June 2020, the US withdrew from the discussions, making the consensus ratification by the BEPS Inclusive Framework in October 2020 and the G-20 in November virtually impossible. Regardless, the OECD has continued to pursue technical work, leaving the door open for a future deal. Therefore, in this article the authors examine the sustainability of the two pillars proposed by the OECD: the new taxing right for market jurisdictions where digital giants operate with a significant economic presence but without a permanent establishment, and the new multilateral anti-BEPS tax, the GloBE

Work

Label: Luces y sombras del impuesto digital = Lights and shades of the digital economy

Title: Luces y sombras del impuesto digital = Lights and shades of the digital economy

Summary: As we approach the deadline for a multilateral solution to the corporate taxation of highly digitalized business - it was supposed to be approved by the end of 2020 - it is intellectually stimulating to realize how the BEPS Inclusive Framework has broken longstanding unquestionable taboos, such as the supremacy of transfer pricing or the bilateral nature of international tax relationships. At the same time, we have realized how strong political and administrative constraints ended up blocking the deal. In June 2020, the US withdrew from the discussions, making the consensus ratification by the BEPS Inclusive Framework in October 2020 and the G-20 in November virtually impossible. Regardless, the OECD has continued to pursue technical work, leaving the door open for a future deal. Therefore, in this article the authors examine the sustainability of the two pillars proposed by the OECD: the new taxing right for market jurisdictions where digital giants operate with a significant economic presence but without a permanent establishment, and the new multilateral anti-BEPS tax, the GloBE