5-country trade measures truce on DST’s extended as OECD Pillar 1 talks struggle The US has extended a truce on trade measures against five countries that have imposed Digital Services Taxes. The truce is pushed out to 30 June 2024 for: the UK, Italy, France,
OECD extends negotiations deadline to June 2024 for Pillar One convention shifting $30 billion in taxing rights between countries for digital services Aims to prevent proliferation of Digital Services Taxes and enable fairer, modern international tax regime The OECD’s negotiations with around 130 counties on
1.5% DST on digital and electronic transactions Jan 2021 Sierra Leone introduced its Digital Services Tax (DST) from 1 January 2021. This was implemented via the 2021 Finance Act. The tax is levied on advertising, search and subscription services irrespective of the country of residence
New govt reintroduces digital services turnover tax on non-resident providers if OECD Pillar 1 talks fail The new coalition government in New Zealand has reintroduced the September 2023 draft legislation for a Digital Services Tax (DST) which would tax sales by non-resident providers of in-scope
2% DST on digital services launched in July 2022 The Nepalese Inland Revenue has updated the requirements on its Digital Services Tax. This is a turnover tax on a range of digital services providered by non-residents to locals. The DST was introduced in July 2022,
Ugandan Revenue Authority passes DST turnover tax on income from digital services generated by non-residents Uganda’s Parliament passed the introduction of a 5% levy on the gross digital services income received by non-resident providers from local consumers. This is in effect from 1 July 2023.
Kenya to fall into line with $250 billion OECD global tax reforms – unlocks US free trade deal Kenyan President, William Ruto, has confirmed that Kenya will end its 2021 1.5% Digital Services Tax (DST) as it withdraws its objections to the Pillar 2 OECD reforms