Switzerland Opposed To EU's Temporary Digital Tax

The Swiss Government has warned against the introduction of short-term measures targeted at tackling the problems of taxing the digital economy.

The Government said that it had made clear during this week's meeting of G20 finance ministers and central bank governors that the digital economy should be appropriately taxed. However, the Government recommended that the existing tax rules and possible options for reform should be discussed in the OECD. It stressed that in order to guarantee legal certainty, avoid over- and double taxation, and to combat high administrative burdens, governments should avoid the introduction of short-term measures.

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By Lomas, Ulrika, posted on Thursday March 29, 2018

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