Tax-News.com: E-commerce News

Tax-News.com: E-commerce News

Global tax news, continuously updated through the day.
  1. US Trade Representative Robert Lighthizer told a congressional hearing on June 17, 2020, that the US Government has withdrawn from international negotiations on new global tax rules for digital companies at the OECD.
  2. The Czech Government is considering whether to delay the introduction of a proposed tax on the provision of digital services and alter its design.
  3. French Finance Minister Bruno Le Maire has said that the Government intends to introduce a digital services tax this year.
  4. The EU will postpone the entry into force of its VAT e-commerce package and will defer certain filing deadlines under the Directive on Administrative Cooperation due to the coronavirus pandemic.
  5. The Spanish Government has published the draft bill to introduce a digital services tax in Spain, beginning the formal parliamentary process needed to introduce the measure.
  6. On March 1, 2020, Turkey's recently approved tax on certain digital services went into effect.
  7. The finance ministers of France, Germany, Italy, and Spain have put their names to a statement calling for countries to reach an agreement on solving the tax challenges of the digital economy by the end of 2020.
  8. The European Council has approved new rules for the exchange of VAT payment data relating to cross-border e-commerce transactions.
  9. In a new report for G20 ministers, the OECD has provided an update on its work to tackle tax base erosion and profit shifting relating to multinational businesses.
  10. France's Directorate General of Public Finance confirmed in a statement issued on February 10, 2020, that companies liable for the country's digital services tax can delay payment of upcoming installments of the tax until December 2020.