Today’s
globalised economy enables companies to provide services across the world.
Cross-border business to business (B2B) often takes place via email or other
digital communications, such as Skype, WeChat or other messaging and talk
platforms. What’s more, monetary transactions are equally carried out primarily
using online banking.

All
in all, B2B moves fast in the digital world. And with this, taxation on
cross-border transactions is no longer exclusive to multi-national entities,
but touches every business across borders, large and small. Therefore,
understanding how withholding tax works and the applicable […]