Latest Breaking News On - Tax challenges arising - Page 14 : comparemela.com

To print this article, all you need is to be registered or login on Mondaq.com. For over a decade, countries have been looking for ways to tax the digital economy. On July 1, 130 countries announced an agreement that would provide a new taxing right to enable a country to tax a portion of digital profits even in the absence of traditional taxable nexus with the country. This new taxing right is known as Amount A . The quantum of Amount A remained a mystery until the publication of the OECD s Statement on a Two-Pillar Solution to Address the Tax Challenges Arising From

Programme of work to developa consensusWorld economic forumTwo pillar solutionTax challenges arising fromResidual profit splitFractional apportionmentPillar onePublic consultation documentTax challengesTax challenges arisingModified residualProfit splitPublic consultationModified residual profit splitUnited nations conferenceValue added