Page 2 - Digital Tax

Google, Facebook and Netflix to pay a minimum global tax at 15%

India introduced equalisation levy for digital advertising services in 2016 at the rate of 6 per cent

Study bats for OECD multilateral approach to tax digital services

Paper by Shardul Amarchand Mangaldas and Jindal Global Law School opposes digital service tax, currently imposed by individual countries, such as equalisation levy by India

Developing nations to gain 1% corp tax from digital tax deal: top OECD exec

In a Q&A, Pascal Saint-Amans, director at Centre for Tax Policy and Administration, OECD says global digital tax and digital service tax by individual countries can't co-exist

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

Digital taxation: How a consensus-based approach may benefit Indian economy

The government has taken a balanced stance by committing to the multilateral approach for addressing tax challenges of digitalisation

Shibboleths of the 'ideal' tax system

The time-hallowed principle of focusing on direct taxes is worth questioning

Best of BS Opinion: Gaps in tax reform, mapping recovery, and more

Here are the best of Business Standard's opinion pieces for Monday

India shifts international tax deal stand with an eye on revenue

India and other developing countries were fighting to include companies with at least Euro 1 billion in revenues as against the final proposal of Euro 20 billion revenues and a profit margin above 10%

Google tax: US imposes tariffs on India, but with six-month delay

Following the consultation, the USTR has decided to impose a tariff of up to 25 per cent ad valorem on aggregate level of trade on a slew of Indian products

Digital tax row: US suspends additional tariffs on India, 5 other countries

USTR Katherine Tai, in a statement, announced the conclusion of the one-year Section 301 investigations of Digital Service Taxes (DSTs) adopted by Austria, India, Italy, Spain, Turkey and the UK

US sets and suspends tariffs on six countries over digital taxes

The US Trade Representative's office said it had approved the threatened tariffs on goods from Britain, Italy, Spain, Turkey, India and Austria

India notifies digital tax threshold of Rs 2 crore and 300,000 users

This is part of the Significant Economic Presence (SEP) principle, which was introduced in the Finance Bill 2018-19

Digital Tax: India may oppose Biden govt move to tax only top 100 cos

The latest proposal by Washington, shared with 130 countries, aims to tax only those entities with a global revenue of $20 bn and is not limited to digital players

Making of Bidenomics

The idea of a global minimum tax rate has merits

US trade chief readies tariffs against six countries over digital taxes

The taxes target in-country revenues of digital services platforms, such as Facebook, Google, and Amazon.com

Finance Bill gives relief on digital tax, provident fund threshold

Tax breaks for DFIs; way for LIC listing cleared

Biden admin removes stumbling block to global deal on digital tax

On Friday, Yellen said at a meeting of G-20 finance ministers that the US "is no longer advocating for safe harbour implementation", a US Treasury official told the Financial Times

Top headlines: Digital tax proposal may end up in court, Ruia's faith

Amit Shah said the process of granting Indian citizenship to refugees under the CAA, will begin once the process of Covid-19 vaccination has ended. Read top stories with Business Standard

Budget 2021-22 proposal on digital tax likely to land up in court

Foreign players in a fix as they will now come under levy's ambit

Digital Service Taxes discriminates against US firms: Trade Department

The US Trade Representative on Thursday said that the Digital Service Taxes (DSTs) discriminates against American companies.