Treasury studies a tax for large companies in the digital economy


Treasury studies a tax for large companies in the digital economy



The tax, «temporary» and «short-term», would affect mainly multinationals such as Google or Amazon



     Spain, together with other countries, is studying the creation of a tax on the digital economy. An imposition that would be designed especially for large companies and companies that provide services online like Amazon, Facebook or Google. Specifically, this action is part of a debate carried out by the OECD and that in March will present the advancement of a report with recommendations on how to tax this type of multinationals operating in the digital market.

However, according to María José Garde, deputy general director of International Taxation of the Tax Agency, some countries such as Spain could move forward and approve "some form of temporary taxation" and "short term" until there is an international decision.

In any case, this expert who is also president of the Global Transparency Forum of the OECD, has admitted in a day of taxation organized by the Association for Progress in Management (APD), that there is a "fiscal appetite" in the countries for taxing the digital economy. It is in this context that the OECD is analyzing a new taxation that would affect especially the large multinationals in the sector.

In any case, Garde insisted that the possibility of approving an imposition on these digital companies must be done with the EU's endorsement. For this reason, the large EU economies (Germany, France, Italy and Spain) already sent a joint letter in September to the president of the Eurogroup to request a European regulation that includes the necessary changes so that the taxation of the technological companies is in accordance with the volumes of income generated in each territory. That is, they are taxed according to the turnover obtained in each country and not according to the benefit (which can be reduced to almost disappear by accounting adjustments).

For this purpose, the country-by-country information of the OECD's BEPS (anti-erosion of taxable bases) program will greatly help. A measure that will start operating in June and that will force companies with a turnover of more than 750 million to break down the income, assets, workers and taxes they pay in each State in which they operate.

We must bear in mind that the President of the Government, Mariano Rajoy, already was in favor of that this type of companies must pay their taxes where they bill "they are called Amazon or whatever they are called". In fact, these large companies have been for some time in the crosshairs of the tax agencies of various countries as well as the European Commission for their aggressive tax planning practices that significantly reduce their taxation.

Comments

Post a Comment

Popular posts from this blog

92% of Spaniards connect to the internet at least once a day

Image
92% of Spaniards connect to the internet at least once a day Half of the world's population is connected, reaching more than 4,000 million mariners    For the first time in history, the Network of networks reaches 4,021 million people who browse it, a figure that assumes that the Internet reaches half of the world's population, according to data from the Digital report in 2018 by Hootsuite. and We are Social. An increase in users who also move to Spain, where the figure has grown by 2 million to reach 39.4 million active Internet users , which means that 85% of Spaniards already have access to the network. "With 4,000 million online users, connectivity has already become a way of life for most of us. However, while Internet companies strive to provide service to the next billion users, we will see important changes in the coming months, "says Simon Kemp, global consultant at We Are Social.    According to the Digital 2018 report, Spaniards spend 5.20 hours a ...
Read more

Autonomous boats will arrive in Europe in 2017

Image
Autonomous boats will arrive in Europe in 2017 The waters of the canals of Amsterdam will receive the first robots ships    If the autonomous cars begin to accumulate kilometers by the highways of the United States, to the other side of the Atlantic Amsterdam prepares to receive the first boats without captain. "Imagine a fleet of autonomous boats for the transport of goods and people," Professor of the Massachusetts Institute of Technology Carlo Ratti said in a statement from this research center. The Amsterdam Institute for Advanced Metropolitan Solutions is working on a project that will culminate in 2017 with the first trips through the capital's canals with robot ships.   The scientific director of the Dutch center, Arjan van Timmeren, said that these boats "offer enormous possibilities" and could have application in environmental and health issues, such as detecting diseases in advance once progress is made in relation to underwater robots. The project wil...
Read more

Artificial intelligence takes over the drones

Image
Artificial intelligence takes over the drones An MIT mapping system allows unmanned aircraft to dodge obstacles at low speed     Can a drone only dodge an obstacle? The answer is yes. The Laboratory of Computer Science and Artificial Intelligence (CSAIL) of the Massachusetts Institute of Technology has managed to provide artificial intelligence to a small aircraft to fly through forests and warehouses. Nanomap, the new alternative navigation system allows you to fly over and avoid obstacles, as long as the speed of the device does not exceed 30 kilometers per hour.    Excessively safe maps will not help if you want drones that can operate at higher speeds in human environments," says graduate student Pete Florence, lead author of a new related document. "An approach that is more aware of uncertainty gives us a much higher level of reliability in terms of being able to fly close and avoid obstacles ." Shocks Many existing approaches are based on complex ...
Read more