CCIA Statement on Global Agreement on Tax Reform, Urges Immediate Removal of Digital Services Taxes

Brussels, BELGIUM — The Organisation for Economic Cooperation and Development announced the details of an international tax reform plan negotiated and endorsed by representatives from 130 countries, as part of the OECD/G20 Inclusive Framework. Parties expect to finalise an implementation plan and discuss technical details by October 2021. The Computer & Communications Industry Association has…

CCIA Welcomes G20 Tax Reform Progress, Warns Against EU Digital Levy

Brussels, BELGIUM — G20 Finance Ministers today met and reconfirmed their commitment to “reaching a global and consensus-based solution … by mid-2021” on global tax reform. Today, CCIA filed comments in response to the European Commission’s consultation on its digital levy proposal which is expected in June 2021. The comments confirm that “CCIA strongly supports…

CCIA Welcomes New Momentum towards Global Tax Reform at G20 Finance Ministers Meeting

Brussels, BELGIUM — A meeting of G20 Finance Ministers today showed strong signs of broad support for reaching an agreement this year on global tax reforms through the OECD  negotiations. This was the first meeting with incoming U.S. Treasury Secretary Janet Yellen, who stated the U.S. “was committed to the multilateral discussions on both pillars…

CCIA Offers OECD Comments Supporting Global Tax Reform

Brussels, BELGIUM — The Computer & Communications Industry Association offered comments today on the OECD Secretariats’ Blueprints regarding the OECD/G20 Inclusive Framework Public Consultation Document on the Reports on the Pillar One and Pillar Two Blueprints. The Blueprints regarding Pillar 1 & 2 were released in October 2020 and seek to propose a consensus-based approach…

CCIA Statement on Negotiations on Global Tax Reform

The following can be attributed to Computer & Communications Industry Association Vice President and Head of CCIA’s European office in Brussels Christian Borggreen: “We continue to support global tax reform. The high level of ambition and complexity of these international negotiations means that this process will take time.  “As governments seek to finance their economic…

French digital tax proposal risks harming French startups, investments and consumers prices

Brussels, BELGIUM — Today the French government announced its proposal for a national digital service tax. If approved by the French Parliament, the law could enter into force retroactively from January 1, 2019. The proposed 3% turnover tax is targeted at companies with certain digital business models and revenues above €750m globally and €25m in…