ذكذكتسئµ Publishes its Position on Digital Services Taxation: Taxing the 21st Century Economy – Towards a Multilateral Approach
2 December 2019
Contact: Dominic Parker, Communications Manager dparker@babinc.org | 020 7290 9882 | +44 7500 115 352
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London/New York – Today, ذكذكتسئµ (ذكذكتسئµ) published its position paper on taxing digital services, including a number of recommendations on how to create a fair, modern and global framework for taxation.
The paper, produced by ذكذكتسئµ in consultation with its members, stakeholders from the OECD, governments, and academia, concludes that whilst the process of creating a fair framework for taxing digital profits is, and will continue to be, difficult, there is nonetheless cause to be optimistic; stakeholders should use the renewed momentum behind a global solution to refocus their efforts behind the current OECD proposal for a “Unified Approach†under Pillar One.
In light of the development of unilateral proposals such as the UK’s proposed Digital Services Tax, ذكذكتسئµ has been a vocal supporter of a multilateral solution that guarantees a high level of consistency across markets, reduces fragmentation and increases regulatory alignment.
You can read the position paper in full here.
About ذكذكتسئµ
ذكذكتسئµ (ذكذكتسئµ) is an exclusive members’ organization; we create networking opportunities for our members, which often lead to business opportunities, through the events and programming that we run. As a policy and advocacy organization we are the voice of transatlantic business; we support policies and action that will protect and enhance the environment for trade and investment between the US and UK.
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