Monika Loving is the national practice leader for the International Tax Services group with more than 20 years of experience advising clients on international tax issues. In addition, Monika participates in the growth of the global tax practice through serving as a member of the BDO International Corporate International Tax Centre of Excellence.
Businesses may suddenly be responsible for paying taxes in many more countries than they were before. For businesses that sell digital products or services, shifting profit allocations away from the seller’s home country would be a change that has vast ripple effects, not unlike what we’ve experienced domestically following the South Dakota v. Wayfair decision.