OECD Report for G20 Leaders

The Organization for Economic Co-operation and Development (OECD) has published a tax report on the application of the new tax rules in the digital economy for G20 finance ministers and central bank governors.

The report draws attention to the fact that G20 members also approved an internal report on the effects of digitalization, which introduces a temporary indirect tax on the provision of certain electronic services in jurisdictions.

Additionally, in accordance with this report, practical tools are currently being developed, as well as cooperation in the field of tax administration, together with the BEPS Inclusive Implementation Group in order to predict the tax consequences of the use of cryptocurrency and distributed registry technology (blockchain).

On materials of the following website: http://www.oecd.org/ctp/OECD-Secretary-General-tax-report-G20-Finance-Ministers-Argentina-March-2018.pdf