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DIGITAL GIANTS TAXATION
What is the G7 and what's on the agenda at the Evian-les-Bains summit?G7 leaders convene in France to tackle pressing global issues including the wars in Ukraine and Iran, and economic imbalances. Discussions ...- Australia moves to tax Meta, Google and TikTok to fund newsroomsAustralia plans to tax Meta, Google, and TikTok. This aims to fund news reporters. The government will introduce legislation by July 2. Pla...
- AI firms flex lobbying muscle on both side of AtlanticAI companies are spending heavily to shape new regulations in Europe and the United States. They are also engaging the public, promoting AI...
- EU lawmakers want to tax Big Tech to fund budgetEuropean Union lawmakers are pushing for a bloc-wide tax on major technology firms and online gambling businesses. This move aims to genera...
- View: Unpacking India's approach to digital taxationCritics have often cautioned that tax collection in the digital economy will prompt instances of double taxation of different tech companie...
- Sword of double taxation hangs on Big Tech firmsBig Tech companies fear that India’s equalisation levy combined with similar digital tax regulations in countries such as the UK and France...
- US offer on global taxation deal would tie levies to revenueThe US is proposing that countries should be able to tax more corporate profits based on revenues within their borders in a bid to reach a ...
- Biden regime may engage on equalisation levy, but India stance to remain unchanged, say expertsThe US had launched a Section 301 probe on EU, India, UK and Brazil in June to determine whether the levy discriminates against American e-...
- Revise royalty definition to include software payments by subsidiaries to parent: Developing countries tell UN tax committeeMany developing countries including India want to tweak royalty definition in upcoming tax treaties
- Global tax war ahead: After no consensus in OECD; Facebook, Google, Amazon, LinkedIn could face domestic taxesOECD was expected to come out with a common tax framework by December this year, now it's expected to do so mid-next year. This could mean ...
- Europe threatens digital taxes without global deal after US quits talksThe latest transatlantic row was ignited when the United States said it was withdrawing from negotiations with European countries over new ...
- Europe threatens digital taxes without global deal, after US quits talksThe latest transatlantic trade row was ignited after the Washington said on Wednesday it was withdrawing from negotiations with European co...
- View: How countries can cope with the 'other' global digital divideWhile it is making the world seamless, which countries should tax revenues arising from digital sales, sale of data and advertisement reven...
- US launch investigations on India’s equalisation levy, other taxes levied on global digital majorsCurrently, India levies 6% tax in the form of equalisation levy on digital companies advertising revenue.
- Indian startups seek parity on permanent establishment rulesMany countries have been questioning the manner in which global firms such as Facebook and Google operate and pay taxes.
- Digital companies scramble to save on tax as India tightens data lawsThe fear for companies such as Google, Facebook, Netflix, Amazon and LinkedIn is that if the servers sit in India, it would be seen as a PE...
- France rejects 'optional' US digital tax proposalFrance has been at the forefront of efforts to tighten taxation of digital giants and parliament infuriated the administration of President...
- Digital MNCs may recast operations for new tax lawIndia, with members of OECD, plans to bring some of the biggest multinationals under the domestic tax net.
- Govts may get more power to tax MNCs like Google, FacebookA global push by OECD to bring these digital giants under the ambit of local taxes.
- G-20 ministers agree to redouble efforts to tax technology behemothsG20 officials gathered in Fukuoka, Japan, at the weekend sounded growing alarm about the world economy and signaled a willingness to increa...
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