Dbriefs Mobile

India's Equalization Levy: What comes next


Listen Later

Internationally, the widespread growth in digitization of business has created challenges in allocation of taxes between market jurisdictions and headquartered jurisdiction. While the OECD has been working on arriving at a consensus on taxation of the digital economy, based on the recommendations in the BEPS action plans, many countries, have either proposed or implemented a unilateral Digital Services Tax. Further, the United Nations has introduced a proposal in the form of Article 12B (Income from Automated Digital Services) possibly in a bid to give a simple and easy to implement solution. India was the first country to introduce a digital tax called the "Equalization Levy" in 2016 on online advertisement services purchased from non-resident companies and from 1 April 2020, the scope of the Equalization Levy has been expanded to include levy on all online sale of goods or services into India by non-resident e-commerce operators. Stay updated on the latest developments on digital services taxes and the Indian Equalization Levy and its impact on your organization.(Live presentation was aired on 3 November 2020)
...more
View all episodesView all episodes
Download on the App Store

Dbriefs MobileBy Deloitte Dbriefs Asia Pacific