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OECD claims the deal will bring more revenue to developing countries by taxing big tech equitably, but critics point to loopholes.
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OECD claims the deal will bring more revenue to developing countries by taxing big tech equitably, but critics point to loopholes.
Under the OECD agreement, countries will need to eradicate all existing digital taxes to adopt the new tax framework.
The additional charges are to cover the equalisation levy that was introduced by the Indian government last year, which led to pushback from US...
India is seemingly positioned to be at loggerheads with the United States of America on the latest decision by Group of Seven (G7) countries...
We missed this earlier: The Office of the United States Trade Representative (USTR) has proposed retaliation against India and other countries that have proposed or...
Finance Minister Nirmala Sitharaman on Tuesday clarified that foreign companies will not have to pay equalisation levy on goods that are sourced from India....
The government has clarified several provisions concerning equalisation levy and expanded the definition of e-commerce companies in its Union Budget for 2021-22. The government...
The purpose of equalization levy (EL) is to ensure fair competition, reasonableness and exercise the ability to tax businesses that have a close nexus...
In a 41-page report released on January 6, the United States Trade Representative Robert Lighthizer criticised India’s decision to impose an Equalisation Levy of...
The French government is planning to re-introduce a digital service tax (DST) on big tech companies from this year onward, reported Reuters. Though the...
