India’s Equalisation Levy expanded to cover non-resident e-commerce operators

While the levy may have meant to tax only digital transactions, it appears to cover even those transactions that are facilitated via digital means, explain Jai Patel and Anish Mehta.

You could be conducting webinars and online courses for an Indian audience, blissfully unaware that you may have to shell out an Equalisation Levy at 2 percent to the Indian Government starting from July 2020.Globally, efforts are being made to transform the way digital businesses are being taxed.In pursuance of the Organization for Economic Cooperation and Development (OECD) / G20 Base Erosion Profit Shifting Action 1, various countries have introduced unilateral measures to tax digital busi...

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Authors: Jai Patel

Published Date: 15 July 2020