Taxation of the digital economy

EY has assembled a team working across the core international, indirect, global compliance and reporting, and tax policy practices. With people in all key jurisdictions, EY’s team assists clients with the following:

• Identifying, interpreting and applying a broad range of digital taxes (both direct and indirect) that are relevant to their technology and digital supply chains, including assessing whether exceptions may apply.
• Assisting clients interpret and apply the administrative requirements under the new laws.
• Quantifying the amount of anticipated taxation in relevant jurisdictions and, if and where required, managing compliance with the new taxes and filing the required reporting forms.
• Keeping current with the global policy landscape in this area and, as appropriate, participating in the debate with the relevant stakeholders to help shape the future policy with respect to the taxation of the digital economy.
• Understanding the impact of taxes on digital economy transactions on the company’s overall tax profile, including direct and indirect cash and tax rate computations as well as considerations related to financial statement presentation.

Download our report: Taxation of the digital economy – an integrated approach (pdf).