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Digital Services Tax (DST) to continue and threaten new trade battles?

09/01/2023 in

Digital Services Tax

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

Digital Services Taxes DST – global tracker

08/12/2022 in

BEPS

Digital Services Taxes (DST) making a comeback as OECD Pillar 1 in danger of missing 2023 impementation? DST's are a new class of taxes being implemented to tackle the perceived unfairness of non-resident digital companies to sell across borders without being liable to local corporate

Colombia proposes 5% SEP / Digital Services Tax 2023

16/10/2022 in

Colombia

Colombian government has proposed introducing a SEP / DST on non-residents from 1 January 2023. A Bill has now gone to Congress for review. The SEP (Significant Economic Presence) / DST (Digital Services Tax) would be charged via 5% corporate income tax charge or via 10%

Ireland extends Digital Services Tax deduction jurisdictions

13/09/2022 in

Digital Services Tax

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

Nigeria 6% Digital Services Tax

04/08/2022 in

Digital Services Tax

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

Digital Services Tax (DST) comeback? Pillar 1 update

03/08/2022 in

Digital Services Tax

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.

Kenya plans to double Digital Sales Tax to 3%

16/04/2022 in

digital services

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

Paraguay VAT and DST on foreign digital services

20/03/2022 in

digital services

Paraguay extended its Withholding VAT regime to non-resident digital or electronic services provider to consumers from 1 January 2021. It applies to both B2B and B2C transactions. In addition, a further 4.5% INR withholding tax (similar to Digital Services Tax) was introduced. The current VAT

Paraguay VAT and INR on foreign digital services

23/01/2022 in

digital services

Withholding VAT and INR collections both due on non-resident digital services Paraguay has launched a new INR (income tax on digital services) registration and reporting regime for non-resident providers of e-services to consumers. This applies from 1 January 2022. This is in addition to Withholding

Tunisia VAT on foreign digital services

25/11/2021 in

digital services

Mix of VAT, withholding tax and royalty tax can apply Tunisia imposes a mix of Value Added Tax, Withholding VAT and software 5% royalty (Digital Services Tax) taxes on non-resident sellers or marketplaces providing digital services to consumers. B2C transactions are generally zero-rated, with the

Tag: DST