The OECD/G20 Inclusive Framework on BEPS published a statement on the two-pillar approach to address the tax challenges arising from the digitalisation of the economy. In their meeting of January 29-30, the members of the Inclusive Framework (IF) affirmed their commitment to reach an agreement on a consensus-based solution by the end of 2020. Pillar...

Facing challenges As we described in our recent articles ‘Tax Administrations (TA) Raise The Playing Field With Technological Solutions’ and ‘Experience of SAF-T in Europe (Starting Point Of Digitalization)’, tax authorities around the world are facing many challenges brought along with international requirements for full transparency, substance and consistency of data worldwide. Leveraging AI as a tool...

During a joint press conference with U.S. President Donald Trump, French President Emmanuel Macron announced that a compromise has been reached regarding the French Digital Services Tax (DST), which has been strongly opposed by the U.S. as unfairly targeting U.S. companies. French tax on tech giants The French government argued that multinational firms such as...

The Australian Taxation Office (ATO), on April 30, 2019, announced that they were collecting trading records from designated service providers (DSPs) to ensure that cryptocurrency traders were presenting accurate income statements and not cutting out on taxes. Therefore, Australians trading in cryptocurrency may soon get a call from the Australian Taxation Office if its new...

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