How to Tax the Digital Economy | DAVOS 2020

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How to Tax the Digital Economy | DAVOS 2020 4.5
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With estimates of trillions of dollars held offshore in corporate tax havens, 135 countries are debating proposals to address the tax challenges posed by a global economy that is increasingly digitalized. How can policy-makers and businesses work together to modernize the rules and ensure countries get their fair share of tax revenue?

This session was developed in partnership with France 24.

Speakers: Stephen Carroll, Katharina Pistor, Angel Gurría, Bruno Le Maire, Delia Ferreira Rubio

The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.


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💬 Comments on the video
Author

Untuk pembangunan ekonomi yang adil dan merata pajak hasil ekonomi digital layak keluarkan pajak.

Author — Asep Rohmandarjuara

Author

what's the point on having very advanced technologies (which can settle complex intelligent contracts by themselves) if we seem to need abacus-level policies that any person can understand ?
also, what is wrong with having competition on who has less taxes? it is only fair
we just need another way of redistributing value, the "tax system" is outdated, it always makes normal citizens to pay more, big corporations evade, and centralize control

Author — Bastian Hars

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The great issues in the global economy only have solutions in the global context, like the tax the digital economy. This is a key issue to deserve ample focus attention in the next decades to come. Congratulations to the Chief Office Mr. Angel Gurria by his expertise and deep knowledge of this kind of theme.

Author — Arturo Díaz León

Author

Certainly, in the future, we will see some kind of global agreement that imposes a fair tax on the digital economy because global competitiveness sets up policies of tax competition. I mean, the tax competition is a kind of race to the bottom and the economy that attacks capital or more investment is those that tax lowest. In the process this policy hurts the national budgets to serve to smooth the effects of technological change and to finance other policies like combat against negative effects on global climate change, reduce population poverty, inequality in income distribution, and lack of jobs. In my opinion, we need to find out a balance between a right framework to collect fair taxes from the digital economy, and let to firms to continue growing and make business. Thanks a lot to WEF.

Author — Arturo Díaz León

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if u cant collect taxes whats the purpose of having tax laws?

Author — nowaout

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I agree to Mr. Gurria in sense that this policy of tax digital economy is not related to any particular country or a particular company, it's about a global issue that we have to resolve in global context to look the global welfare, and compensate the national budgets overall to the underdeveloped countries. Good luck with it because we must fight against tax evasion and tas heavens that hurt formal economies.

Author — Arturo Díaz León

Author

... If finances condition basic human consumption, it is not acceptable that their human accumulation or deficiency disregard the same basic consumption. If this happens, the process should be problematized, not people, because the accumulation or deficiency of finances is that finances are not produced by labor, but in the process of developing technologies. Illustrate a situation where technologies reaches such a level of development that they produce money, what is today. The accumulation of finances in their circulation then only means that they are an instrument, as well as technology and their redistribution with regard to basic comsumption is possible. This may be called a technology tax for some purposes, because it should not only concern computing technologies and should certainly ensure the well-being of people in the present and future world. …

See my website on my Youtube channel Information cart.

Author — Jozef Schmidt