Taxation and the Peer-to-Peer Economy
Cover -- 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.