Commisson expert group on taxation of the digital economy published by European Commission (2013).
The economy is becoming digital. Digitalisation is the process of spreading of a general purpose technology. The last similar phenomenon was electrification. Digitalisation of products and services shortens distances between people and things. It increases mobility. It makes network effects decisive. It allows the use of specific data to such an extent that it permits the satisfaction of individual customer needs – be it consumers or businesses. It opens up ample opportunities for innovation, investment, and the creation of new businesses and jobs. Going forward it will be one of the main drivers of sustainable growth.
