Buzz

India backs away from digital services tax after US pressure

Will keep taxing, but consider payments as credits for future global tax regime

India has agreed to wind back the two per cent Equalisation Levy it charges foreign e-commerce companies, and the USA has withdrawn sanctions it imposed to protest the levy.…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

5 − two =

This site uses Akismet to reduce spam. Learn how your comment data is processed.