Avoid tax missteps for digital services
The digital services market continues to grow, everything from movie and music streaming services to software are now under scrutiny from tax authorities looking to take swift action to capture this emerging revenue stream. This has caused a great deal of uncertainty and debate when it comes to tax compliance. Where is the product or service being used or consumed? From where is the payment being made? What is the purpose of the product or service? Tax authorities ask all of these questions as they introduce new mandates and regulations.