Digital tax mooted as govt pursues more revenues

The latest proposals are contained in the recently launched Budget Strategy Paper, a blueprint developed annually as part of the budgeting process. Last year's Paper first suggested the sugar tax introduced this year as well as the increases to Value Added Tax and the fuel levy.

Although the recent Budget Strategy Paper did not provide details, taxing the digital economy involves actions such as levying transactions and commercial values that emanate from platforms that include the Big Tech firms such as those in social media and e-commerce trading networks. The Big Tech firms include Google, Facebook and others while e-commerce networks include Alibaba.