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  • Digital Taxes | Uncertainty shrouds India’s equalisation levy Jul 13, 2021 01:16 PM IST

    Digital Taxes | Uncertainty shrouds India’s equalisation levy

    The OECD’s recent decision, which could address the tax challenges arising from the digitalisation of the economies, puts India in a tight spot 

  • Yellen urges EU to back global tax deal, consider more fiscal support Jul 12, 2021 08:10 PM IST

    Yellen urges EU to back global tax deal, consider more fiscal support

    The European Commission said on Monday that it will delay its own planned levy on digital services to focus on the global tax deal, final details of which have to be agreed in October.

  • India may not accept G7 digital tax proposal as equalisation levy generates larger share of profit, experts say Jun 10, 2021 06:49 PM IST

    India may not accept G7 digital tax proposal as equalisation levy generates larger share of profit, experts say

    While the US has finally agreed that tech giants must pay tax in countries where they operate, experts say India’s equalisation levy gives the country a higher share of their profit.

  • USTR says launching Section 301 probe into digital services taxes Jun 02, 2021 09:33 PM IST

    USTR says launching Section 301 probe into digital services taxes

    'President Trump is concerned that many of our trading partners are adopting tax schemes designed to unfairly target our companies,' US Trade Representative Robert Lighthizer said in a statement.

  • Digital tax: USTR proposes retaliatory trade actions against India, other countries Mar 27, 2021 02:36 PM IST

    Digital tax: USTR proposes retaliatory trade actions against India, other countries

    The USTR, in a statement, said it "is proceeding with the public notice and comment process on possible trade actions to preserve procedural options before the conclusion of the statutory one-year time period for completing the investigations."

  • Digital tax may help France raise around $480 million Dec 01, 2020 10:28 PM IST

    Digital tax may help France raise around $480 million

    France has sent out notices to companies liable to pay the December installment of the tax and has said the country would immediately seek European Union retaliation if the US went ahead with retaliatory tariffs

  • Exclusive | Govt stands defiant, rules out rollback of digital tax Oct 23, 2020 05:54 PM IST

    Exclusive | Govt stands defiant, rules out rollback of digital tax

    Following India's levy, the US decided to start an investigation under Section 301 of the Trade Act, 1974, into the digital services taxes that have been adopted or were being considered by a number of countries, including India, to 'unfairly' target American tech companies.

  • Digital tax dilemma: India's equalisation levy on online business of non-resident firms may hamper FTA talks with US Jul 20, 2020 07:35 PM IST

    Digital tax dilemma: India's equalisation levy on online business of non-resident firms may hamper FTA talks with US

    Following India's levy, the US last month decided to start an investigation under Section 301 of the Trade Act, 1974, into the digital services taxes that have been adopted or were being considered by a number of countries, including India, to 'unfairly' target American tech companies.

  • US firms in India not ready to pay digital tax, lobby group says Jul 07, 2020 02:50 PM IST

    US firms in India not ready to pay digital tax, lobby group says

    India in March said all foreign billings for digital services provided in the country would be taxed at 2 percent from April 1, a move that caught US technology firms off guard as they were battling the coronavirus pandemic.

  • Digital tax — India should not act in haste Jun 23, 2020 08:49 AM IST

    Digital tax — India should not act in haste

  • Business Insight | What is digital tax and why is India under investigation? Jun 04, 2020 09:27 PM IST

    Business Insight | What is digital tax and why is India under investigation?

    What is the global controversy over digital taxation? Watch this edition of Business Insight to find out

  • Facebook's Mark Zuckerberg wants 'new framework' for digital tax Feb 14, 2020 12:21 PM IST

    Facebook's Mark Zuckerberg wants 'new framework' for digital tax

    The digital tax has emerged as a key bone of contention between the US and France in particular, after Paris imposed its own tax on US digital giants such as Facebook, Google, Amazon and Apple last year.

  • Emmanuel Macron and Donald Trump declare truce in digital tax dispute Jan 21, 2020 08:03 AM IST

    Emmanuel Macron and Donald Trump declare truce in digital tax dispute

    Macron and Trump agreed to hold off on a potential tariffs war until the end of 2020, a French diplomatic source said, and continue negotiations at the Organization for Economic Cooperation and Development (OECD) on the digital tax during that period.

  • OECD’s digital tax move may be a win-win for all Nov 15, 2019 12:32 PM IST

    OECD’s digital tax move may be a win-win for all

    India not exactly happy with the bloc’s suggestion of “residual profit” and wants it to be changed

  • Digital tax | India wants to fix loopholes in the law to tax local income of global tech giants, before it is too late Aug 05, 2019 10:21 AM IST

    Digital tax | India wants to fix loopholes in the law to tax local income of global tech giants, before it is too late

    Companies like Google, Facebook and Twitter, among others do not pay tax on income generated locally, including that from advertising revenue, as they do not have permanent establishments. But, that’s going to change soon.

  • EU ditches digital tax plan, to work for global reform Mar 12, 2019 07:06 PM IST

    EU ditches digital tax plan, to work for global reform

    The move is likely to be welcomed by digital giants such as Alphabet Inc's Google and Facebook who would have fallen under the scope of the envisaged 3 percent levy.

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