The new taxation of the digital economy

first step of a true international tax harmonization

Abstract

The globalization of the digital economy is revealing numerous cracks in the current structure of the International Tax System confined in a global economy where the physical presence of companies, mainly multinationals that operate through networks, is less and less necessary. This circumstance poses a serious problem in determining in which jurisdiction the profits obtained should be taxed. In this context, organizations such as the OECD and institutions such as the European Union continue to work in search of solutions that transform international taxation to the point of reaching a consensus that could be the germ of a true international tax harmonization that would begin with the establishment of a global tax rate for digital income.