Latest Breaking News On - ஐ.நா. மாதிரி வரி மாநாடு - Page 1 : comparemela.com

To embed, copy and paste the code into your website or blog: While much of the focus has remained on the efforts of the Organisation for Economic Cooperation and Development (OECD) with respect to digital taxation, the United Nations (UN) has finalized revisions to the UN Model Double Taxation Convention (UN Tax Treaty) that would specifically address the taxation of “automated digital services.” On April 20, 2021, the UN approved the final version of new Article 12B of the UN Tax Treaty, Income from Automated Digital Services. Generally, the approach taken by Article 12B is to permit a withholding tax on gross payments for “automated digital services” made by a resident of one treaty country to a resident of the other treaty country. In order to eliminate the withholding, the recipient can declare a permanent establishment in the payor jurisdiction and instead be subject to tax on its net income from automated digital services. This approach represents a departure from tr

Un tax committeeAfrican tax administration forumUn model tax conventionSee un model tax conventionEversheds sutherlandAutomated digital servicesOrganisation for economic cooperationEconomic cooperationUnited nationsDouble taxation conventionAutomated digitalInternational cooperationTax mattersContracting stateSutherland observationTax convention