Digital taxation and fair taxation

From 2010 to 2019, the accumulated gap between the expected headline rates of tax and the cash taxes actually paid by Facebook, Apple, Amazon, Netflix, Google and Microsoft was $155.3bn according to the Fair Tax Mark report (The Silicon Six and their $100 billion global tax gap)

• The idea of countering the profit-shifting of Big Tech multinationals via the introduction of digital sales taxes has taken root in many countries. They are being considered or progressed in, for example: Austria, Czech Republic, France, India, Italy, New Zealand, Spain and the UK.