About digital tax in the global economy

Abstract

Importance: the spread of digital technologies leading to a digital economy and their use in the tax policy of the state, transforms consumption and production patterns. Some of the key effects of digitalization relevant to tax policy relate to output and productivity, labor markets and wages. Purpose: to reveal the current practice of tax digitalization and identify positive aspects and limitations. Research design: to achieve this goal, a set of methods of scientific cognition was used, including analysis, synthesis, consistency, as well as special: comparisons, groupings, generalizations, statistical, etc. To justify the qualitative transformation of tax policy, the method of content analysis was used. Results: the paper reveals the concepts of digital economy and digital tax. Foreign practice of introducing of the global digital tax is analyzed. The leading countries in digital transformation are presented. The industries with a large level of needs for digital solutions and with the greatest level of barriers are highlighted. The advantages and disadvantages of the digital tax have been identified.