On October 12, 2017, TEI submitted comments to the OECD regarding their request for input on the tax challenges of the digitalization of the economy under BEPS Action 1. The Institute’s comments questioned the need for any specialized tax or tax system to address the impact digitalization has on international taxation. TEI noted that noted that the issues presented by digitalization are not new, but instead make certain aspects of business and business models cheaper and easier to implement. TEI’s comments were prepared under the aegis of the European Direct Tax Committee, whose chair is Giles Parsons. Ben Shreck, TEI Tax Counsel, coordinated the preparation of the Institute’s comments.
Committee