14 March 2018

UK issues position paper update on corporate tax and the digital economy

Alongside the Spring Statement 2018, delivered by the Chancellor of the Exchequer on March 13, the United Kingdom (UK) Government released a number of consultations and calls for evidence, as well as an update on the Government's thinking regarding the taxation of companies operating in the digital economy. The taxation of digital companies continues to feature highly on the fiscal agenda of many large economies, with many governments feeling that they are not receiving their fair share of tax arising from certain digital activities undertaken in their jurisdictions.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Document ID: 2018-0558