Digital Services Taxes (DSTs): A Global Response to the Digitalization of the Economy
The rapid expansion of digital business models has disrupted traditional tax frameworks, leaving many governments unable to fairly tax profits derived from their markets. In response, numerous countries have implemented or proposed Digital Services Taxes (DSTs) to capture revenue from digital giants operating across borders. This article explores the evolution of DSTs, their policy rationale, international tensions, economic implications, and the ongoing efforts toward a global tax solution led by the OECD and G20.… Read more