Invitation to join us for a webinar: What’s next for the taxation of the digital economy?
19.11.2019
As the digital economy has grown, businesses are providing services and making sales in geographic locations where the service provider or the seller does not have a physical presence.
This has increased global business opportunities, especially for middle market companies that are attracted by the potential of larger international markets. However, for tax authorities, which have traditionally relied on the criteria of a place of supply or economic presence as a basis for taxation, this new economy is a threat to their tax revenues.
A re-set is now required by both business and tax authorities. This has resulted in a move towards taxation based on the location of the customer or consumer.
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