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DiploFoundation is proud to announce the appointment of Prof. Jovan Kurbalija to a High-Level Panel on Digital Cooperation, established by United Nations Secretary-General, António Guterres, on 12 July 2018.
The normal business cycle of a company operating across borders – such as Internet companies like Google, Apple, and Facebook – involves offering goods or services for a profit, paying taxes, and reinvesting the money.
Many Internet companies based in the USA are earning billions in revenues in other jurisdictions. For them to reinvest it in the USA, they need to repatriate the money – on which they need to pay tax.
The Cambridge Analytica case putting Facebook and other Internet companies under scrutiny, taxation issues in focus again as the European Commision issues tax proposals and the Organisation for Economic Co-operation and Development (OECD) releases interim report, and autonomous car accident raising safety and security issues were among the main digital policy developments in March 2018.
Internet companies’ behaviour under scrutiny, governments exerting more pressure on companies to remove illegal content, and new legal measures planned to tackle fake news were among the main digital policy developments in January 2018.