In a major setback, India will have to give up on its much-contentious equalisation levy or the so-called ‘Google Tax’ as part of the global tax deal agreed by 136 countries late on Friday. It is part ...
No state gains more from Germany’s fiscal equalisation system than Berlin — a fact that continues to spark criticism from ...
The government on Monday proposed to abolish the Equalisation Levy or digital tax on online advertisements from April 1, a move that will benefit advertisers on digital platforms like Google, X and ...
Under Pillar One, taxing rights on more than $125 billion of profit are expected to be reallocated to market jurisdictions each year. India may have to withdraw digital services tax or the ...
It has been nearly a year since the scope of equalisation levy (EQL) was widened to include a 2% levy on consideration received or receivable by a non-resident e-commerce operator from e-commerce ...
Finance Minister Nirmala Sitharaman on Tuesday clarified that foreign companies will not have to pay equalisation levy on goods that are sourced from India. “Through the amendment I am moving today, I ...
On October 8, 2021, a “landmark” deal was reached amongst more than 130 countries where the broad contours of Two Pillar Solution to Address the Tax Challenges arising from the Digitization of the ...
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