Guest Jonathan Horn returns to "Simply Tax" to discuss the recent Association of International Certified Professional Accountants (AICPA) policy paper on the taxation of the digitalized economy, explain why current international concepts don't fit well with digital transactions and break down the unique challenges countries face with the taxation of digital transactions in a cross-border context.

TIME STAMPS OF WHAT'S COVERED

• Challenges with the taxation of the digitalized economy @2:04
• Permanent establishment @7:23
• The Organisation for Economic Co-operation and Development (OECD) commitment @8:40
• Why the AICPA issued a policy paper @14:55
• Fixing the problem today and five years from now @17:44
• Three possible pathways under consideration:
  • User value creation @22:27
  • Digital permanent establishment @25:24
  • Marketing intangibles @31:46
• What's ahead for the taxation of digital transactions @35:40
• Where to find out more @40:33
• Blockchain and the digital economy @45:26

BIO FOR GUESTS

Jonathan Horn is a senior manager on the AICPA's Tax Policy & Advocacy Team, based in Washington, D.C. He is responsible for developing and submitting comments to Congress, Treasury and the IRS and developing alerts for members. Prior to joining the AICPA, he was a sole practitioner for more than 20 years, providing tax services to clients of all sizes around the globe. In 2015, Jonathan received the AICPA Tax Division Distinguished Service Award for his extraordinary contributions to the work of the AICPA Tax Division.

• Connect with Jonathan on LinkedIn
• Follow Jonathan on Twitter

ADDITIONAL RESOURCES

AICPA resources

• Taxation of the digitalized economy: A policy paper designed to educate, enlighten and stimulate discussion (October 18, 2019)
• Interview with Chip Harter, Deputy Assistant Secretary (Internal Tax Affairs) at U.S. Department of the Treasury (September 18, 2018)

Other resources

• OECD website
• Base Erosion and Profit Shifting Actions

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