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Taxation Framework Conditions

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Overview Edit

In 1998 OECD Ministers

welcomed a number of Taxation Framework Conditions relating to the consumption taxation of electronic commerce in a cross-border trade environment, including:
i) In order to prevent double taxation, or unintentional non-taxation, rules for the consumption taxation of cross-border trade should result in taxation in the jurisdiction where consumption takes place.
ii) For the purpose of consumption taxes, the supply of digitised products should not be treated as a supply of goods.
iii) Where businesses acquire services and intangible property from a non-resident vendor, consideration should be given to the use of reverse charge, self-assessment or other equivalent mechanism.[1]

References Edit

  1. OECD, Guidelines on the Definition of the Place of Consumption in the Context of E-commerce, at 1.

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