This Global Trends benchmark highlights the current tax measures on the digital economy applied in twelve monitored jurisdictions (Australia, Brazil, China, the European Union, India, Japan, Korea, Saudi Arabia, Singapore, South Africa, Turkey, and the United States).

The most significant coordinated attempt to find a global solution to fiscal policies for the digital economy worldwide is currently being led by the Organisation for Economic Co-operation and Development (OECD). All the surveyed jurisdictions committed to join the international tax reform expected by the OECD to be implemented by mid-2023.

Among the monitored jurisdictions, some of the EU countries (Austria, France, Italy, and Spain), India and Turkey have direct taxes on the digital economy.

In December 2022:

• the EU member states agreed on a draft directive to implement the Global anti-Base Erosion (GloBE) rules in the EU, which is part of the OECD-led reforms; and
• Korea established a tax regime in line with the GloBE rules of the international tax reform.

This Global Trends benchmark covers different aspects of unilateral direct taxes on the digital economy: tax base and rate, services and companies covered.

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