Significant Economic Presence – Confusion persists

Remote participation in the domestic economy of a country facilitated by digital means but without a taxable physical presence is often seen as a key concern in the digital tax debate. With the rapid evolution of information and communication technology, the possibility to reach and interact with customers remotely through the internet has significantly reduced the need for local infrastructure and personnel to perform sales activities in a specific jurisdiction.Remote participation in the domestic economy of a country facilitated by digital means but without a taxable physical presence is often seen as a key concern in the digital tax debate. With the rapid evolution of information and communication technology, the possibility to reach and interact with customers remotely through the internet has significantly reduced the need for local infrastructure and personnel to perform sales activities in a specific jurisdiction.taxmann.com Latest ArticlesRead More

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