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International update for October

International update for October 2018

Tim Sarson’s latest summary of international developments.

Tim Sarson

Partner and Brexit Tax & Location Lead

KPMG in the UK


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Once again, the challenges of taxing the digital economy dominate the international tax landscape, with updates from the EU, UK, Spain, Mexico and Australia. There have also been various updates from across Europe as countries start to introduce proposals to implement the requirements of the EU’s Anti-Tax Avoidance Directive, with draft legislation set out in Ireland, Italy, France and the Netherlands. There have been further developments on the implementation of the OECD’s Base Erosion and Profit Shifting (BEPS) multilateral instrument, including its entry into force in the UK.

In the latest of his regular articles for Tax Journal*, Tim Sarson rounds up recent international developments. This month’s article looks at:

  • European Parliament’s Committee on Economic and Monetary Affairs (ECON) discussions on increasing the EU’s proposed digital services tax rate and extending its scope.
  • Spanish, Mexican and Australian activity in the sphere of digital services tax.
  • Updates on various Member State implementation of the Anti-Tax Avoidance Directive.
  • Multilateral instrument updates.
  • Geopolitics: Brexit, the US and trade deals.

* First published in Tax Journal on 26 October 2018. Reproduced with permission.

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KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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