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Digital Economy — KPMG on OECD's "Pillar One" Proposal

Digital Economy — KPMG on OECD's "Pillar One" Proposal

Companies that conduct business internationally may want to follow the ongoing global debate on the digital economy and taxation.

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Companies that conduct business internationally may want to follow the ongoing global debate on the digital economy and taxation. KPMG International recently submitted comments to the Organisation for Economic Cooperation and Development (OECD) on proposed tax measures to ensure that certain multinational enterprises pay tax in countries where they have consumer-facing activities but do not have a physical presence. KPMG’s submission, which is in response to a public consultation, identifies design considerations for the proposed allocation of taxing rights, along with certain recommendations.

Download this edition of the TaxNewsFlash to learn more.

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