Spanish digital services tax targets big tech companies

International Tax ReviewBy ITR Correspondent

Spain’s digital services tax (DST) is slated to enter into force in January 2019, despite the criticism and concerns of multinational technology companies. Following the path of the European Commission, the Spanish government has recently filed a preliminary bill to create the DST, an indirect tax on digital services where there is an essential contribution by the users to the value creations are monetized by the companies. In accordance with the government’s forecast, the DST would collect $1.4 billion in FY2019.

To read more go here Subscription Required
By ITR Correspondent, posted on Tuesday November 13, 2018
Subscribe

Read More International Tax News