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India, other G24 nations call for gradual withdrawal of 'Google tax'

The G24 now pressed for a gradual removal of unilateral measures, simultaneous to revenue gains from the implementation of Pillar 1

Topics
global tax treaty | digital tax | equalisation levy

Dilasha Seth  |  New Delhi 



global tax, corporation tax, taxation, firms, company
BEPS refers to exploiting gaps and mismatches in tax rules to shift profits by multinational companies to low-tax regimes

Worried that the proposed global deal covering only top 100 companies may not lead to sufficient revenue for developing countries, India, along with other Group of 24 (G24) member nations, has objected to the withdrawal of unilateral measures like the (EL) in one go.

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First Published: Wed, September 22 2021. 20:26 IST

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