06
Apr
By: Jian-Cheng Ku, Shee Boon Law, Ph.D., Sachin Sachdeva
The European Commission has released draft proposals outlining its proposed approaches to taxing profits of digital businesses in the European Union.
The Commission's proposed plan, released on March 21, 2018, envisages two approaches: (i) a comprehensive solution, which is intended as a long-term solution in the form of a proposed EU Directive; and (ii) a targeted solution − an interim measure to fill in the gap until a comprehensive solution has been agreed and...