Deconstruct to Reconstruct. Is It Possible to Tax the Digital Economy? / Ariel Andrés Sánchez Rojas.

Format:

Book

Author/Creator:

Sánchez Rojas, Ariel Andrés, author.

Language:

English

Subjects (All):

Electronic commerce--Taxation--Law and legislation.

Electronic commerce.

Physical Description:

1 online resource (80 pages)

Edition:

First edition.

Place of Publication:

Bogotá, Colombia : Ediciones Uniandes, [2020]

Summary:

Deconstruct to reconstruct seeks to use a modern benefit principle theory that will allow tax authorities to tax companies in the digital economy, assuring they pay taxes in the countries in which they operate. The emergence of a new business models such as app stores, online advertising, cloud computing, participative network platforms, highspeed trading, and online payment services has reshaped the global economy and made it difficult for tax authorities to determine what and where to tax. Technologies in the new digital economy make it possible for companies to operate in countries without being physically present. While companies such as Netflix, Google, and AirBnB provide services and earn profits in different countries, tax loopholes and intricate tax planning enable them to pay littletono taxes in many of these countries. For example, Netflix earned more than US100 billion in Colombia in 2016, but it did not pay any direct or indirect taxes in the country. The absence of a specific tax or legal rule that targets digital companies has prevented Colombian tax authorities from taxing Netflix or any other company of the sort. Many tax authorities around the world have similar experiences.

Contents:

Introduction: Deconstruct to reconstruct. Historical overview: the benefit principle or exchange theory

The digital economy and its core: big data and e-commerce. Digital economy. E-Commerce. Big data ? Is it possible to tax digital economy companies?. Do companies in the digital economy avoid taxes or have a tax amnesty?. Comparative analysis

How to tax digital economy companies. Direct taxes. Indirect taxes. Transfer pricing.

Notes:

Description based on print version of record.

Includes bibliographical references.

Description based on print version record.

ISBN:

9789587749199

9587749197