William D. King

In the last 18 months, digitalization has undeniably proven its usefulness. Allowing millions of people in many industries to work remotely. Improving the comfort of online banking, developing new mobile payment alternatives says William D King. Virtual video/audio conferencing are all instances of how digitalization has altered global society. But there is also a negative aspect to this. Big tech firms are quickly expanding, not only in terms of impact but also in terms of financial power. To put this in context, the total market value of the top five. Big Tech companies—Apple, Microsoft, Alphabet (Google’s parent), Amazon, and Facebook—were about US$9 Trillion as of October 1, 2021. Why does William D. King think tax rules must evolve with the “digital economy”? The crisis has badly harmed government income across the world, while costs have skyrocketed. This has resulted in growing budgetary deficits, which have their own set of repercussions. Given that most corporate tax systems throughout the world were mainly designing with conventional businesses in mind. Digital economy enterprises are fundamentally different, a new… Read More »The Effect of Digitalization on Changes in Tax Laws- An Insight by William D. King