International tax update: Digital service tax, dead and done with?

On 8 October 2021, the already historical agreement about Pillars I and II was reached between 136 member jurisdictions of the OECD/G20 Inclusive Framework. A part of the overall agreement is the removal of all domestic digital service taxes (‘DST’). It appears that the existing DST will be phased out and no new DST would be allowed to be introduced.
Several jurisdictions around the globe have already introduced or are/were planning to introduce DST, taxing profits realized through the digital presence and digital services provided in those jurisdictions. Amongst those jurisdictions are Austria, the UK, France, Italy and Spain. Read more…