Understanding DIGITAL TAXATION
The Digital taxation is a modern framework that shifts tax bases from physical presence to interaction, recognizing value creation through users, data, and online activity. Companies may be liable for taxes in markets where they meet digital revenue thresholds, even without physical offices. This marks a historic shift in cross-border taxation, redefining nexus on digital footprints and ensuring fairer revenue sharing among nations. While challenges like double taxation and global consensus remain, taxation is shaping the future. SKMC Global helps businesses adapt by ensuring compliance, managing risks, and offering expert guidance in navigating evolving digital tax policies.
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