Tax issues for online platforms
Online platforms throw up some interesting tax problems. In part this is because they do not comfortably fit the mould of a traditional multinational in terms of how their profit is generated and where value sits. In part, it is because they facilitate the gig and sharing economy and other forms of e-commerce, which are more difficult for tax authorities to police than traditional models.
Our London Tax team has produced a briefing highlighting some of the tricky areas for online platforms and how these are being addressed, both in the UK and internationally.The full briefing is available at the link below.