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India and US come to terms on how to deal with the equalisation levy in light of the impending Global Tax Deal.
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India and US come to terms on how to deal with the equalisation levy in light of the impending Global Tax Deal.
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...
The Indo-US trade deal is “almost ready” and can be signed whenever the local political situation in the United States permits the two countries...
Facebook France has agreed to pay €106 million (~₹930.5 crore) in back taxes, including €22 million (~₹1.93 crore) in penalties, to the French tax...
Until the Delhi High Court decides on whether Mastercard Asia Pacific Limited has a permanent establishment in India, the company will continue to pay...
India’s equalisation levy “does not discriminate against non-resident e-commerce operators” and its imposition “is entirely consistent with India’s commitments under the WTO and international...
9 lobbying groups, including the US Chamber of Commerce and the Asia Internet Coalition, have asked the Indian government to delay expansion of the...
For any sale of goods or services by a “non-resident” e-commerce operator in India, the government will impose a 2% equalisation levy starting April...
The 6% equalization levy, a tax which covers international hosting, online advertising and other online services, come into effect today. Dubbed the ‘Google Tax’,...
