Swiss Federal Tax Administration to use VAT returns for new 4% levy on foreign TV streaming voted for in 2022 referendum Following 15 May 2022 referendum vote to impose a foreign streaming levy, the Swiss Federal Tax Administration has proposed to base the tax calculations
OECD launches consultation on ‘Pillar 1’ proposal that aims to end proliferation of controversial Digital Services Tax – details and US opposition doubts remain for 2024 implementation In December, the OECD issued a discussion document (draft Multilateral Convention) aiming to get back on track its proposed
Spain, Austria and Kenya added to list of countries whose DST’s may be deducted against Irish Corporation Tax Ireland’s Revenue Commissionaires has added three additional states to the list of jurisdictions that Irish resident businesses may claim Digital Services Tax against relevant their Irish taxable
Delays in agreement on OECD Pillar 1 global tax reallocation rights prompts Nigeria to act unilaterally Nigeria has become one of the few countries to comply with the OECD 137-country agreement to renegotiate global taxing rights, and has acted unilaterally at the start of 2022
US doubts on ratifying OECD Pillar 1 agreement for 2023 means unilateral DST’s to make a comeback? The ambitious October 2021 OECD inclusive framework on base erosion and profit shifting (BEPS) agreement by 137 countries on global tax reforms is proving hard work to implement.
Bolivia pauses on imposing VAT on non-resident e-services providers to consumers Bolivia’s Servicio de impuestos nacionales (SIN) has paused on extending its VAT regime to certain digital services provided to its consumers. In November 2021, SIN confirmed VAT is only applicable for resident providers already registered
Switzerland is to hold a referendum on 15 May to introduce a 4% levy on providers of digital streaming services such as Amazon, Disney and Netflix. This is expected to generate between CHF18 million ($19.3 million) and CHF30 million a year for the Swiss film
Kenya to raise DST from 1.5% to 3% despite OECD agreement for 2023 global corporate tax reforms The Kenyan 2022 Finance Bill plans to raise the country’s Digital Services Tax from 1.5% to 3%. The Organisation for Cooperation and Development, which has coordinated a global settlement
