Digitalisation of the Global Economy: Navigating the Tax Challenges

    View Author July 2019

    On 31 May 2019, the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (the Inclusive Framework) published a much-anticipated update on its work on addressing the tax challenges of the digitalisation of the global economy. The document, Programme of Work to Develop a Consensus Solution to the Tax Challenges Arising from the Digitalisation of the Economy (the Programme of Work), plots an ambitious “road map” towards concluding a new global agreement for the taxation of multinational enterprises.

    In this alert, we examine the Programme of Work and consider the response from, and implications for, key jurisdictions around the world.