How the digital economy will impact your specific industry

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

How the digital economy will impact your specific industry

The digital economy is an increasing concern for taxpayers, especially in light of impending BEPS guidance, but how it will impact different industries will vary.

The fundamental principle behind the digital economy, in terms of transfer pricing, is its reliance on intangible assets and the difficulties when deciding which jurisdiction to book resulting profits in.

However, the types and quantities of intangible assets for different industries varies, as does the approach to managing them.

TPWeek and International Tax Review’s upcoming Global Transfer Pricing Forum will focus on the impact the digital economy will have on a range of different industries in a panel debate including leading transfer pricing advisers and corporate tax executives.

The panel will focus specifically on the following industries:

  • Technology;

  • Consumer products and retail;

  • Travel hospitality and leisure; and

  • Energy.

Additionally, delegates will hear from leading tax executives including:

  • Greg Viggiano, vice president of transfer pricing for Maersk;

  • Fumi Tamura, head of transfer pricing for News Corporation; and

  • George Georgiev, head of transfer pricing for Siemens Corp.

To book a place at the forum and hear more about the digital economy, from an industry-specific perspective, including real-life working examples, contact Alicia.sprott@euromoneyplc.com.

more across site & bottom lb ros

More from across our site

US partner Matthew Chen was named as potentially the first overseas PwC staffer implicated in the tax leaks scandal, in a dramatic week for the ‘big four’ firm
PwC alleged it has suffered identifiable loss and damage arising out of a former partner's unauthorised use of confidential information; in other news, Forvis Mazars unveiled its next UK CEO
Luxembourg saw the highest increase in tax-to-GDP ratio out of OECD countries in 2023, according to the organisation’s new Revenue Statistics report
Ryan’s VAT practice leader for Europe tells ITR about promoting kindness, playing the violincello and why tax being boring is a ‘ridiculous’ idea
Technology is on the way to relieve tax advisers tired by onerous pillar two preparations, says Russell Gammon of Tax Systems
A high number of granted APAs demonstrates the Italian tax authorities' commitment to resolving TP issues proactively, experts say
Malta risks ceding tax revenues to jurisdictions that adopt the global minimum tax sooner, the IMF said
The UK and what has been dubbed its ‘second empire’ have been found to be responsible for 26% of all countries’ tax losses by the Tax Justice Network
Ireland offers more than just its competitive corporate tax environment but a reduction in the US rate under a Trump administration could affect the country, experts tell ITR
The ‘big four’ firm was originally prohibited from tendering for government work until December 1 due to its tax leaks scandal, but ongoing investigations into the matter have seen the date extended
Gift this article