BABC sister chapter, BAB, Publishes its Position on Digital Services Taxation: Taxing the 21st Centu
BABC sister chapter, BAB, published its position on taxing digital services, including a number of recommendations on how to create a fair, modern and global framework for taxation.
The paper, produced by BAB in consultation with its members, stakeholders from the OECD, governments, and academia, concludes that whilst the process of creating a fair framework for taxing digital profits is, and will continue to be, difficult, there is nonetheless cause to be optimistic; stakeholders should use the renewed momentum behind a global solution to refocus their efforts behind the current OECD proposal for a “Unified Approach” under Pillar One.