OECD/G20 Base Erosion and Profit Shifting Project

English
ISSN: 
2313-2612 (online)
ISSN: 
2313-2604 (print)
http://dx.doi.org/10.1787/23132612
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Addressing base erosion and profit shifting is a key priority of governments around the globe. In 2013, OECD and G20 countries, working together on an equal footing, adopted a 15-point Action Plan to address BEPS. Beyond securing revenues by realigning taxation with economic activities and value creation, the OECD/G20 BEPS Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to taxpayers. In 2016, the OECD and G20 established an Inclusive Framework on BEPS to allow interested countries and jurisdictions to work with OECD and G20 members to develop standards on BEPS related issues and reviewing and monitoring the implementation of the whole BEPS Package. Over 100 countries and jurisdictions have joined the Inclusive Framework.

 

Also available in French, German, Spanish
 
Addressing the Tax Challenges of the Digital Economy, Action 1 - 2015 Final Report

Addressing the Tax Challenges of the Digital Economy, Action 1 - 2015 Final Report You or your institution have access to this content

English
Click to Access: 
    http://oecd.metastore.ingenta.com/content/2315281e.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/taxation/addressing-the-tax-challenges-of-the-digital-economy-action-1-2015-final-report_9789264241046-en
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Author(s):
OECD
05 Oct 2015
Pages:
288
ISBN:
9789264241046 (PDF) ;9789264241022(print)
http://dx.doi.org/10.1787/9789264241046-en

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The spread of the digital economy poses challenges for international taxation. This report sets out an analysis of these tax challenges.  It notes that because the digital economy is increasingly becoming the economy itself, it would not be feasible to ring-fence the digital economy from the rest of the economy for tax purposes. The report notes, however, that certain business models and key features of the digital economy may exacerbate BEPS risks, and shows the expected impact of measures developed across the BEPS Project on these risks.  The report also describes rules and implementation mechanisms to enable efficient collection of value-added tax (VAT) in the country of the consumer in cross-border business-to-consumer transactions, which will help level the playing field between foreign and domestic suppliers. The report also discusses and analyses options to deal with the broader tax challenges raised by the digital economy, noting the need for monitoring developments in the digital economy over time.

Also available in French
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Table of Contents

Chapter 1. Introduction to tax challenges of the digital economy

Chapter 2. Fundamental principles of taxation

Chapter 3. Information and communication technology and its impact on the economy

Chapter 4. The digital economy, new business models and key features

Chapter 5. Identifying opportunities for BEPS in the digital economy

Chapter 6. Tackling BEPS in the digital economy

Chapter 7. Broader direct tax challenges raised by the digital economy and the options to address them

Chapter 8. Broader indirect tax challenges raised by the digital economy and the options to address them

Chapter 9. Evaluation of the broader direct and indirect tax challenges raised by the digital economy and of the options to address them

Chapter 10. Summary of the conclusions and next steps

Annex A. Prior work on the digital economy

Annex B. Typical tax planning structures in integrated business models

Annex C. The collection of VAT/GST on imports of low value goods

Annex D. OECD International VAT/GST Guidelines - Chapter 3

Annex E. Economic incidence of the options to address the broader direct tax challenges of the digital economy

 
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