KPMG launch Digital Economy Tax Tracker mobile App.
Digitalisation is changing the way businesses operate and rapidly changing the tax landscape. New tax requirements (both indirect and direct) seek to ensure that tax is collected at the point of consumption but it is often a struggle for businesses to keep track of the changes in so many jurisdictions around the world where customers are potentially based. While the fast pace and volume of changes started off with indirect taxes, we have seen similar movement with digital services taxes and the like pending consensus at OECD level. KPMG have therefore developed the Digital Economy Tax Tracker mobile App to help businesses navigate this ever-evolving landscape.
The mobile App, available for free download on the App Store and Google Play (or search for: ‘Digital Economy Tax Tracker’) features news updates, jurisdiction specific information on indirect taxes and publications on tax issues in the digitalised economy and the digitalisation of tax.
News updates are regularly provided and the jurisdiction specific indirect tax information is structured in a consistent format addressing the key information companies need to know to assess the impact of local indirect tax requirements on their business, and providing a framework for effective implementations.
For the moment, the App includes information on VAT/ GST and other indirect taxes; it is being updated and will include direct tax content in due course.
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