The UK digital services tax is in full force and effect. The original policy rationale is unchanged, and the technical design is almost identical to that in the draft legislation. However, the UK DST emerges into a radically different world. The OECD/G20 project on the tax challenges of economic digitalisation has struggled to make substantive progress. The US has been particularly unenthusiastic. It is equally unimpressed by the proliferation of DSTs. In the UK, Brexit now looms large while the economic harm of the pandemic is starting to emerge. Certainly no one would choose to start from here, but the question remains: where are we headed on digitalisation?
*This article was first published in Tax Journal on 31 July 2020.