Position paper - The taxation of the digital economy

In October 2021, the OECD Inclusive Framework reached a political agreement with over 130 countries to reform the global corporate tax framework and address countries’ concerns regarding broad tax challenges arising from the digitalisation of the global economy. If this agreement is implemented consistently, it can stabilise the international tax system. Although a political agreement has now been reached, many important technical details remain to be resolved before it is applied. AmCham EU, therefore, outlines key takeaways and recommendations to ensure the successful implementation of this agreement.