DST’s are a new class of taxes being implemented to tackle the perceived unfairness of non-resident digital companies to sell across borders without being liable to local corporate income taxes. They are typically a percentage charge of turnover from in-scope activities, with a sales threshold based on in-country and global income.
Most DST’s are suspended until 2025 pending OECD Pillar 1 negotiations.
Source vatcalc
Latest Posts in "World"
- Global eInvoicing: Trends, Models, Interoperability, and Innovation Shaping the Digital Future
- Turn Fiscalization Compliance into a Competitive Advantage: Free Webinar on October 30
- Webinar Fiscal Solutions: Turn Fiscalization Into a Competitive Advantage (Oct 30)
- Basware on YouTube – Compliance without the boring bits – Episode 5 (December 9)
- “How do I know if my Peppol e-invoice has arrived?” – A practical guide for entrepreneurs