Taxing the digital economy : theory, policy and practice / Craig Elliffe, University of Auckland Faculty of Law.

By:

Elliffe, Craig

Material type: Text

TextSeries: Cambridge tax law seriesPublication details: UK, Cambridge University Press, 2021.Description: pages cmISBN:

9781108485241
9781108719339

Subject(s):

DDC classification:

343.24067 ELL.T

Summary: "In 2018, the total global e-commerce market worth roughly USD 7.7 trillion. Despite the size of this economy and its extraordinary growth rate, many multinational companies paid little tax in the countries in which they did business. This is not a problem that can be ignored. Digital companies grow much faster than other firms. In 2006, technology companies accounted for 7% of the top 20 market capitalisation of EU companies, by 2017 this had grown to 54%. Digital companies rely less on physical presence utilising intellectual property, enabling companies to set up a business far away from their consumers, where some of the actual economic activity takes place. Most concerning is the fact that, on average, digitalised businesses face an effective tax rate of only 9.5% compared to 23.2% for traditional business models.1 Consequently, there is widespread concern from governments and the public about the low level of income tax paid by companies operating in the digital economy"--

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Holdings
Item type	Current library	Home library	Collection	Call number	Status	Date due	Barcode
Reference	Dept. of Law Reference	Dept. of Law	Reference	343.24067 ELL.T (Browse shelf(Opens below))	Not For Loan		LAW5700

Includes bibliographical references and index.

"In 2018, the total global e-commerce market worth roughly USD 7.7 trillion. Despite the size of this economy and its extraordinary growth rate, many multinational companies paid little tax in the countries in which they did business. This is not a problem that can be ignored. Digital companies grow much faster than other firms. In 2006, technology companies accounted for 7% of the top 20 market capitalisation of EU companies, by 2017 this had grown to 54%. Digital companies rely less on physical presence utilising intellectual property, enabling companies to set up a business far away from their consumers, where some of the actual economic activity takes place. Most concerning is the fact that, on average, digitalised businesses face an effective tax rate of only 9.5% compared to 23.2% for traditional business models.1 Consequently, there is widespread concern from governments and the public about the low level of income tax paid by companies operating in the digital economy"--

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