Digital Services Tax
- All
- News
- Videos
-
Canada To Continue To Conduct "Complex Negotiations" With US: Mark Carney
Canadian Prime Minister Mark Carney called the negotiations with the United States "complex" when he responded to the announcement of US President Donald Trump to terminate all trade talks with Canada with potential new tariffs.
-
Digital Services Tax: Trump's Latest Beef With Canada
The Digital Services Tax requires foreign and domestic large businesses to pay revenue tax that is earned from engaging with online users in Canada.
-
Trump Ends Trade Talks With Canada Over Tax On US Tech Firms
President Donald Trump said Friday that he is calling off trade negotiations with Canada in retaliation for taxes impacting major US tech firms, adding that Ottawa will learn of their tariff rate within a week.
-
"Difficult Country": Trump Calls Off Trade Talks With Canada
US President Donald Trump said on Friday that he is calling off trade negotiations with Canada immediately, citing its digital services tax and adding that Ottawa will learn of their tariff rate within a week.
-
"50% Of World's Digital Transactions Take Place In India Through UPI": PM Modi In Cyprus
The digital transformation has been a game-changer for the country, promoting financial inclusion and innovation, PM Modi said.
-
Supreme Court Upholds Constitutional Validity of Dual Taxation on Cable TV, OTT Platforms: Report
The Supreme Court has upheld the right of state governments to levy an entertainment tax on broadcasting and digital streaming services, as they are classified as a "luxury" under the seventh schedule of the Constitution of India. This ruling clarifies that both cable TV broadcasters are liable to pay a service tax to the central government and an ...
-
Canada Regulator to Impose Fee on Google For Online News Law's Operating Costs
The imposition of the levy on Google comes at a time of increased tension between Canada and the United States over trade, border security, and a digital services tax on US technology firms.
-
Will Impose Retaliatory Tariffs For Digital Taxes, May Come Friday: Trump
President Donald Trump said on Friday that he would sign a memorandum to impose tariffs on countries that levy digital service taxes on U.S. technology companies.
-
Trump Plans Tariffs On Canada, France Over Digital Services Taxes
President Donald Trump on Thursday said he planned to impose tariffs on Canada and France over their digital services taxes on U.S. technology giants, which has been a long-standing irritant.
-
Paytm UPI Statement Download Feature Introduced to Help Users Track Transactions
Paytm, the digital payments company, introduced a new unified payments interface (UPI) feature on Wednesday. The new feature, dubbed UPI statement download, allows users to get a detailed statement of their transaction history for the desired period. The service is available to all users without any cost. The company highlighted that the feature wi...
-
US, India Extend Digital Tax Truce to June 30 as Deadline Approaches
The US and India have extended their standstill agreement till June 30, over the former's retaliation over India’s digital-services tax on big tech firms. The development was announced by the US ahead of a deadline for a global deal that will reallocate taxing rights for major US tech firms that provide digital services like Alphabet-owned Google...
-
New Cryptocurrency Tax Reporting Rule Proposed in US for Sales, Exchanges of Digital Assets
Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed US Treasury Department rule published on Friday. The rule is part of a broader push by Congress and regulatory authorities to crack down on c...
-
IT Department Said to Be Considering Tax on Netflix's India Operations: All Details
Netflix's income from streaming services in India could soon be taxed by the government, according to an ET report. The streaming firm could be the first overseas digital company providing consumers with electronic commerce services to be taxed in India.
-
Big Tech Said to Support Global Corporate Tax, but Wants Digital Services Levies Axed
US tech giants could benefit from the agreement of the Group of Seven rich countries' agreement to create a global minimum 15 percent corporate tax rate if the final deal also scraps increasingly popular digital services taxes, according to industry lobbyists.
-
US Sets and Suspends 25 Percent Tariffs on India, 5 Other Countries Over Digital Taxes
The United States announced 25 percent tariffs on over $2 billion (roughly Rs. 14,625.51 crores) worth of imports from six countries over their digital services taxes, but immediately suspended the duties to allow time for international tax negotiations to continue.
-
Canada To Continue To Conduct "Complex Negotiations" With US: Mark Carney
Canadian Prime Minister Mark Carney called the negotiations with the United States "complex" when he responded to the announcement of US President Donald Trump to terminate all trade talks with Canada with potential new tariffs.
-
Digital Services Tax: Trump's Latest Beef With Canada
The Digital Services Tax requires foreign and domestic large businesses to pay revenue tax that is earned from engaging with online users in Canada.
-
Trump Ends Trade Talks With Canada Over Tax On US Tech Firms
President Donald Trump said Friday that he is calling off trade negotiations with Canada in retaliation for taxes impacting major US tech firms, adding that Ottawa will learn of their tariff rate within a week.
-
"Difficult Country": Trump Calls Off Trade Talks With Canada
US President Donald Trump said on Friday that he is calling off trade negotiations with Canada immediately, citing its digital services tax and adding that Ottawa will learn of their tariff rate within a week.
-
"50% Of World's Digital Transactions Take Place In India Through UPI": PM Modi In Cyprus
The digital transformation has been a game-changer for the country, promoting financial inclusion and innovation, PM Modi said.
-
Supreme Court Upholds Constitutional Validity of Dual Taxation on Cable TV, OTT Platforms: Report
The Supreme Court has upheld the right of state governments to levy an entertainment tax on broadcasting and digital streaming services, as they are classified as a "luxury" under the seventh schedule of the Constitution of India. This ruling clarifies that both cable TV broadcasters are liable to pay a service tax to the central government and an ...
-
Canada Regulator to Impose Fee on Google For Online News Law's Operating Costs
The imposition of the levy on Google comes at a time of increased tension between Canada and the United States over trade, border security, and a digital services tax on US technology firms.
-
Will Impose Retaliatory Tariffs For Digital Taxes, May Come Friday: Trump
President Donald Trump said on Friday that he would sign a memorandum to impose tariffs on countries that levy digital service taxes on U.S. technology companies.
-
Trump Plans Tariffs On Canada, France Over Digital Services Taxes
President Donald Trump on Thursday said he planned to impose tariffs on Canada and France over their digital services taxes on U.S. technology giants, which has been a long-standing irritant.
-
Paytm UPI Statement Download Feature Introduced to Help Users Track Transactions
Paytm, the digital payments company, introduced a new unified payments interface (UPI) feature on Wednesday. The new feature, dubbed UPI statement download, allows users to get a detailed statement of their transaction history for the desired period. The service is available to all users without any cost. The company highlighted that the feature wi...
-
US, India Extend Digital Tax Truce to June 30 as Deadline Approaches
The US and India have extended their standstill agreement till June 30, over the former's retaliation over India’s digital-services tax on big tech firms. The development was announced by the US ahead of a deadline for a global deal that will reallocate taxing rights for major US tech firms that provide digital services like Alphabet-owned Google...
-
New Cryptocurrency Tax Reporting Rule Proposed in US for Sales, Exchanges of Digital Assets
Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed US Treasury Department rule published on Friday. The rule is part of a broader push by Congress and regulatory authorities to crack down on c...
-
IT Department Said to Be Considering Tax on Netflix's India Operations: All Details
Netflix's income from streaming services in India could soon be taxed by the government, according to an ET report. The streaming firm could be the first overseas digital company providing consumers with electronic commerce services to be taxed in India.
-
Big Tech Said to Support Global Corporate Tax, but Wants Digital Services Levies Axed
US tech giants could benefit from the agreement of the Group of Seven rich countries' agreement to create a global minimum 15 percent corporate tax rate if the final deal also scraps increasingly popular digital services taxes, according to industry lobbyists.
-
US Sets and Suspends 25 Percent Tariffs on India, 5 Other Countries Over Digital Taxes
The United States announced 25 percent tariffs on over $2 billion (roughly Rs. 14,625.51 crores) worth of imports from six countries over their digital services taxes, but immediately suspended the duties to allow time for international tax negotiations to continue.
