VATupdate

Taming the Wild West of global Digital Services Tax?

The new head of the OECD is confident about reaching a global deal on digital services tax.

Incoming OECD Secretary-General Mathias Cormann told the FT a global deal would be important to prevent individual countries imposing a “proliferation of different unilateral measures”.

Cormann said that the failure to reach a deal thus far has created a “Wild West” situation in which countries impose digital taxes that are not in line with international norms.

Source: vatglobal.com

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