The Rise of the Platform Economy: Anticipating the needs of today & the future
We are moving to a future in commerce that goes beyond what we are used to today. That future is the platform economy where we will have access to everything, everywhere, all at once. While the multiple Oscar-winning movie of that name flows between different universes, consumers will flow between different platforms as well as platforms on platforms. Indeed, the …
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At your service: broadening a digital platform’s scope for VAT/GST liability
1. The perfect gig: tax authorities and online platform business models When tax authorities leverage your business model for the collection and remittance of tax then it should be treated as a badge of honour. This is precisely what has happened when focusing on the phrase ‘platform economy’. This phrase has become synonymous with forward-thinking initiatives by jurisdictions across the …
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The seismic shift where “tax just happens” is closer than you think
The world of taxation is on the cusp of seismic change, instant (or natural) taxation is on the lips of architects of tax administrations across the globe. What is it? How and when will it happen? Well, it is the giant leap where real-time transactions (made possible by the evolution of the internet) connect with real-time administration platforms to arrive …
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