The International Monetary Fund has issued a departmental paper on Digitalization and Taxation in Asia including the impact of the reallocation of taxing rights under pillar I of the OECD's two-pillar solution for international tax reform, as well as digital service taxes (DSTs) and the extension of VAT to e-commerce and digital services.
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Executive Summary
Digitalization in Asia is pervasive, unique, and growing. It stands out by its sheer scale, with internet users far exceeding num…