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MTC Uniformity Committee update - hey partner, let's tax your digital goods and services | Eversheds Sutherland (US) LLP


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On April 27-28, the Multistate Tax Commission’s Uniformity Committee (UC) held its spring meeting virtually. In addition to voting to adopt a UC Charter, the following uniformity projects were advanced:
Partnership Project The UC approved a recommendation by the Standing Subcommittee to develop a model or uniform state law on partnership taxation. Specifically, the working group will consider issues related to multijurisdictional partnerships operating income (including nexus and sourcing issues), issues related to the sale of a partnership interest, certain administrative and informational reporting issues, and partnership level taxes generally. ....

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High-growth Markets Report Unprecedented Surge in Online Consumer Shopping, According to New PayU Global E-commerce Report


PayU, the fintech and e-payments business of Prosus, today launches a report titled “
The Next Frontier: the most promising markets for emerging e-commerce leaders in 2021 and beyond”, highlighting unprecedented consumer spending growth in e-commerce in high-growth markets that have often been overlooked before 2020 in favour of more traditional, Western markets.
The report examines four of the fastest growing consumer sectors where PayU sees the biggest growth potential over the coming years. It reveals that Latin America has the most promising and consistent growth trends and is set to become the new global e-commerce destination for Emerging E-commerce Leaders - fast growing online and omnichannel businesses looking to stand out in their sector.  ....

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