Asia's digital economy needs clear global tax framework: Jakarta Post columnist

A large part of the current tax system was designed after World War I and includes approximately 3,000 bilateral treaties.- JP/ANN

JAKARTA (The Jakarta Post/ANN): Over 135 countries, led by the Organisation for Economic Cooperation and Development (OECD), are working hard to build a multilateral consensus around international tax issues arising from the growth of the digital economy.

This consensus is sought through the OECD/G20 Inclusive Framework on base erosion and profit shifting (BEPS).