OECD summarises options for addressing the tax challenges of the digital economy

Tax Policy Bulletin ()
The discussion draft released by the OECD confirms the view that tax measures designed exclusively for the digital economy are likely to prove problematic, primarily because of the difficulties in identifying a specific “digital” sector. Rather, the potential use of modern information and communications technology by all businesses seems to raise “digital” tax issues. Nonetheless, the OECD clearly believes that the perceived weaknesses in the territorial tax system and the international tax rules as a whole as require change in the tax rules in order to cope with modern business practices.