OECD releases digital platforms and VAT policy on sharing and gig economy

This report concerns the application of VAT or GST to sharing and gig economy transactions.

The Organisation for Economic Cooperation and Development (OECD) has released a report concerning the application of value added tax (VAT) or goods and services tax (GST) to sharing and gig economy transactions. The OECD report, The Impact of the Growth of the Sharing and Gig Economy on VAT/GST Policy and Administration, offers solutions for the application of VAT/GST to sharing and gig economy operators. The solutions are designed to provide a level playing field between operators in the r...

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Published Date: 20 April 2021