 "Taxing digital giants: India wants to wait until 2020 for a global solution")
Although taxing digital companies like Facebook, Google and Netflix is a pressing concern for developing countries like India, the report by the task force to overhaul the 58-year old income tax Act has refrained from making sweeping recommendations to that effect, owing to the ongoing negotiation at the OECD (Organisation for Economic Co-operation and Development).
According to people in the know, India wants to wait until 2020 for a global solution towards taxing the digital economy, rather than being seen going overboard on the issue unilaterally. However, in case of no globally accepted solution, New Delhi will go ahead
According to people in the know, India wants to wait until 2020 for a global solution towards taxing the digital economy, rather than being seen going overboard on the issue unilaterally. However, in case of no globally accepted solution, New Delhi will go ahead
