Diritto ed Economia dell'ImpresaISSN 2499-3158
G. Giappichelli Editore

31/03/2020 - Digital tax postponed to the end of 2020

argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: digital economy - taxation - multinationals

Ryad’s G20 confirmed the broad consensus on the proposal scheme - Pillar One - developed by the OECD on the taxation of multinationals operating in the digital economy sector. Everything is, however, postponed to the end of 2020 because the consent of the United States is still missing, the parent company of 88% of companies potentially affected by the digital tax, which counter-proposed the creation of an optional regulatory constraint defined as “safe harbor” harshly criticized by Japan for having only a delay and not conforming to a fairer international tax.
Only in the event of unanimous consent, in 2021, we could move on to the initial technical and operational elaboration of the Pillar Two, or second pillar of the OECD design and to follow from 2022 to implement an innovative and effective reform on a global basis with reference to the tax treatment the profits of large companies and the remodeling and rewriting of some concepts and essential points of fiscal-financial doctrine, for example that of an enlarged nexus or permanent establishment, more adherent to the contemporary world.