Title: A research on regulatory framework and tax for digital platform business

Authors: Shuporna Ghosh; Vito Bobek; Monika Kirbiš Rojs; Tatjana Horvat

Addresses: University of Applied Sciences FH Joanneum Graz, Eggenberger Allee 11, 8020 Graz, Austria ' Faculty of Social Sciences, University of Ljubljana, Kardeljeva Ploščad 5, 1000 Ljubljana, Slovenia ' Government Office for Development and European Cohesion Policy, Kotnikova 5, 1000 Ljubljana, Slovenia ' Faculty of Management, University of Primorska, Cankarjeva 5, P.P. 761, SI-6101 Koper, Slovenia

Abstract: The control of data by a select few digital platforms and their ability to analyse and action the insights therein fuels more profound rivalries in the ecosystem. While developed countries are better equipped to deal with the challenges of digital platforms, compared with the developing ones, this paper analyses critical factors of growing economies riding on the success of its platform businesses - USA, EU, China, and India. How do they cope with the surge in sophisticated and interconnected digital innovation across businesses? Is India future-ready to pose a serious competition to the business superpowers of the world? The paper studies the cause and effect of the above questions through some of the prominent influences in the nation, such as the status of its platform economy, tax policies, political power, data protectionism, and regulatory framework, that are contributing to creating a comprehensive framework for digital platforms to compete at par with the global players.

Keywords: regulatory framework; digital platform economy; tax policy; digital platform economy; data localisation; data protectionism; general data protection regulation; GDPR; digital payment platform.

DOI: 10.1504/IJETRADE.2023.133314

International Journal of Electronic Trade, 2023 Vol.1 No.1, pp.40 - 58

Received: 11 Oct 2021
Accepted: 14 Mar 2022
Published online: 12 Sep 2023 *