Join our experts in our new webinar series exploring the challenges facing the digital economy. Join our experts in our new webinar series exploring the challenges facing the digital economy. The upcoming webinar is on Tuesday, 21 January, and will discuss digital services taxes around the world and their future under OECD developments.
All webinars will begin at 11:00 am EST on each of the dates listed below and are scheduled to run for approximately 60 minutes.
Direct Tax - Discussion of Digital Services Taxes around the world and their future under OECD developments
Tuesday, 21 January 2020 | 11:00 am EST / 4:00 pm GMT
Many platform business models find themselves within scope of most of the various digital services tax proposals which have been enacted or may soon become law. The different separate country proposals are not uniform, however, in their definitions of covered transactions, user location identification, and many other important elements necessary to comply with the law. This session will compare and contrast the various DSTs in their application to platform companies, and highlight the potential for double taxation due to overlapping DST regimes. This session also will provide the most recent intelligence on how the OECD / Inclusive Framework project to modify nexus and profit attribution rules to address the tax challenges of the digitalized economy may affect platform enterprises, in particular the prospects for repeal of existing DSTs.
The Taxation of Gig Economy Workers Across Europe
Tuesday, 25 February 2020 | 11:00 am EST / 4:00 pm GMT
The taxation of gig economy workers is a "hot" topic across Europe, as tax authorities grapple with new ways that the workers provide their services. We will take you on a tour across principal European countries highlighting:
- the current state of play and the risk profile in engaging workers other than through an employment
- expected developments;
- the likely liabilities if your company misclassifies workers; and
- how your company can address the issues both on a country basis and a Pan European basis
In case you missed it
Withholding and Audits: US and Abroad
Cross-border withholding and backup withholding are tools governments can use to ensure tax compliance. This webinar will discuss trends in withholding rules in the US and other jurisdictions. There is an increase of US audit activity regarding withholding tax compliance. We will describe our experiences regarding such trends, including how to manage such audits, and considerations in choosing voluntary disclosure to address past year exposures.
OECD and Changes to Tax Compliance Reporting Obligations for Platform Companies
OECD Working Party 10 is contemplating a uniform reporting template for the sharing and gig economy. Working Party 10 created the Common Reporting Standard, and it will likely use its experience from that work product to create new rules for the sharing and gig economy. At the same time, the US Treasury Inspector General for Tax Administration (TIGTA) issued a report in February 2019 regarding the lack of tax compliance in the gig economy. The House Committee on Ways and Means held a hearing in May 2019 regarding the tax gap, and TIGTA presented its findings regarding the gig economy. In light of the report and hearing, Congress and the US Treasury are considering changes to Internal Revenue Code section 6050W. This webinar discusses these issues and other reporting changes.
Instructions will be circulated to all registered participants in advance of the event. For more information or questions about registration, please contact Lindsay Stone.