The US Supreme Court eliminated the “physical presence” safe harbor that had been protecting companies from sales tax for nearly 50 years. Unless Congress revokes this decision, the case may adversely impact both US and non-US businesses, as well as US consumers.
The Australian government has published a discussion paper on whether to introduce a new interim digital tax. The digital tax is expected to apply to service providers such as news and information providers (e.g., search engines and digital advertising), digital streaming and sharing services, accommodation platforms and other digital platforms.
New transfer pricing rules in Thailand go into effect January 1, 2019. The key provisions of the legislation include the following: