European Commission Proposes New Measures to Ensure that Digital Businesses Pay Fair Tax in the EU

On 21 March 2018, the European Commission proposed new rules to ensure that digital business activities are taxed in a fair and growth-friendly way in the EU. As announced, two legislative proposals have been put forward. The first proposal would reform corporate tax rules to provide for a taxable digital presence, even if there is no physical presence, so that profits are registered and taxed where businesses have significant interaction with users through digital channels, which is the Com…