The European Commission’s proposal for a digital services tax would be „deeply harmful“ to the EU business environment and may lead to double taxation, a coalition of business and technology groups has warned EU leaders.
The American Institute of CPAs has urged the Internal Revenue Service to supplement its guidance on the tax treatment of virtual currency transactions with answers to a set of frequently asked questions.
Norway’s parliament, the Storting, has rejected a legislative proposal for the introduction of a tax on digital business models, labeled the „Google tax,“ recommending instead that the Government explore the issue of digital taxation in partnership with the OECD.
The Federal Association of German Industry has said that proposals for a tax on digital companies will be detrimental to the European economy and exacerbate trade tensions between Europe and the United States.
The Swedish Government has proposed a new licensing and tax regime for the gambling sector intended to regulate the activities of remote gambling firms providing services in Sweden from other jurisdictions.
The Department of State Revenues in Kazakhstan has issued a statement clarifying when e-commerce traders can claim an exception from income tax under the new tax code, which went into effect on January 1, 2018.