Cryptocurrency Q&A What is pillar Number 1?

What is pillar Number 1?

Claudio Claudio Tue Nov 05 2024 | 5 answers 1208
I'm trying to understand what pillar Number 1 refers to. Could it be related to a specific framework, concept, or system? I need clarification on this term. What is pillar Number 1?

5 answers

SamsungSpark SamsungSpark Wed Nov 06 2024
A digital tax is a levy imposed on the sales receipts derived from digital transactions.

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PulseWind PulseWind Wed Nov 06 2024
These transactions occur within the boundaries of the country where the tax is being enforced.

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ZenMindful ZenMindful Wed Nov 06 2024
Pillar 1 focuses on creating regulations aimed at eradicating double taxation.

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GeishaMelody GeishaMelody Wed Nov 06 2024
Various nations have embarked on enforcing digital taxes.

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lucas_clark_artist lucas_clark_artist Wed Nov 06 2024
The primary objective of these taxes is to curb base erosion and prevent digital companies from evading taxes.

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