Front Matter Page
Fiscal Affairs Department
Contents
I. Introduction
II. The Peer-to-Peer Economy
A. The Scale of the Peer-to-Peer Economy
B. Some Theory and Empirics on the Peer-to-Peer Economy
Shrinking Transaction Costs
A Short Primer on Two-sided Markets
Some Empirical Results from the Literature
III. Key Tax-Relevant Features of the Peer-to-Peer Economy
A. Growth and Classification of P2P Activities
B. Low Incomes, Low Rents
C. Correcting for Externalities
D. P2P Platforms as Data Recorders
IV. How Should We Tax the Peer-to-Peer Economy?
A. A Neutral or Targeted Treatment of P2P Businesses
B. Tax Thresholds
C. Cross-Border Taxation of P2P Services
D. Treatment of Capital and Labor
E. A Presumptive Tax System for the P2P Economy
F. Exploiting Technology to Improve Tax Administration
V. Conclusions
Box 1. The Peer-to-Peer Economy in Developing Economies
Box 2. Current Tax Treatment of P2P Businesses