Eswatini considers taxing digital services: training on the taxation of the growing digital service industry in the country, held by the Ministry of Finance, supported by UNDP Eswatini and the South Centre Tax Initiative in Geneva
25-27 September 2023
Event details
The Ministry of Finance, supported by UNDP Eswatini and the South Centre Tax Initiative in Geneva, held a training on the taxation of the growing digital service industry in the country. The training, attended by officers from the Ministry of Finance, Eswatini Revenue Service, development partners and UN Agencies, was held at Sibane Sami Hotel, Ezulwini, from 25 to 27 September 2023.
Digital services have permeated most sectors of the economy, presenting multiple business opportunities for small and large entities in and outside the country. However, in an era where business transcends borders through the click of a button, traditional taxation models face an unprecedented challenge of losing the base from which to apply taxation. This is because digital services are provided through internet-based platforms allowing service providers to operate without being physically present in the country, thus circumventing the legislative basis for taxation of their profits.