Digital Tax
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Mark Zuckerberg Pressed Donald Trump On Digital Taxes Before Tariff Vow
President Donald Trump threatened to inflict "substantial" tariffs on countries that impose digital taxes just days after Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg raised concerns about the levies during a White House meeting.
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G20 Prioritises Discussions on Digital Tax Amid Looming Tariff Threats from US
The Group of 20 finance leaders meeting this week for progress on a stalled plan to reallocate taxing rights on large multinational companies.The stakes in the negotiations are high. A failure to reach agreement on final terms could prompt several countries to reinstate their taxes on U.S. tech giants and risk punitive duties on billions of dollars...
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India, US Extend Digital Tax On E-Commerce Supplies Till June 30
India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the finance ministry said on Friday.
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European Union Puts Digital Tax Plan "On Hold" Amid US Pressure
The European Commission said Monday it would delay its plan to propose an EU digital tax in order to not jeopardise efforts to secure a global deal on fairer taxation.
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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.
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India Stands By New Digital Tax Opposed By US
India on Wednesday defended a new digital tax which faces opposition from big US tech firms such as Alphabet's Google and Facebook and the United States Trade Representative (USTR).
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France Wants EU to Push Ahead With Digital Tax if Global Efforts Fail
The European Union should push ahead with its own digital tax in the first quarter of 2021 if broader efforts to find an international solution do not bring a breakthrough this year, the French finance minister said on Friday.
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Facebook to Pay More Than $110 Million in Back Taxes in France
Facebook's French subsidiary has agreed to pay more than EUR 100 million ($118 million) in back taxes, including a penalty, after a ten-year audit of its accounts by French tax authorities, the company said on Monday.
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Government Said to Tell US That Digital Tax on Google, Amazon Isn't Biased
India’s decision to levy a tax on companies offering digital services in the country is not aimed at any particular country and the decision will not be reconsidered, people with knowledge of the matter said.
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US Unveils Tariffs on France Over Digital Tax but Delays Collection
The US on Friday unveiled heavy import duties on France in retaliation for the country's digital tax on American tech giants, but will hold off on collecting the fees to allow time for the dispute to be resolved.
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OECD Says US Still Committed to Global Digital Tax Talks
The United States remains committed to global talks on the taxation of big digital companies despite its call for a pause, the head of the Organisation for Economic Cooperation and Development (OECD) said on Wednesday.
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Britain, France Suggest Phased Approach to Global Digital Tax Talks
Britain, France, Italy and Spain suggested a "phased approach" to global digital taxation talks in a joint letter to the US treasury secretary last week, which they said could open the way for a deal this year.
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France Slams 'Provocation' as US Halts Digital Tax Talks
France and the US locked horns Thursday over taxing digital giants such as Google and Facebook, after Washington said it was breaking off talks aimed at establishing a global framework for making the companies pay larger levies where they operate.
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US Probe Into India's Digital Tax Not A Move Of Aggression: Report
The US government's move to launch a trade investigation into a digital services tax adopted by several countries including India should not be construed as a move of aggression against India, a senior government source said on Wednesday.
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US Probe Into India's Digital Tax Said Not Be a Move of Aggression
The US government's move to launch a trade investigation into a digital services tax adopted by several countries including India should not be construed as a move of aggression against New Delhi, a senior Indian government source said on Wednesday.
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Mark Zuckerberg Pressed Donald Trump On Digital Taxes Before Tariff Vow
President Donald Trump threatened to inflict "substantial" tariffs on countries that impose digital taxes just days after Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg raised concerns about the levies during a White House meeting.
-
G20 Prioritises Discussions on Digital Tax Amid Looming Tariff Threats from US
The Group of 20 finance leaders meeting this week for progress on a stalled plan to reallocate taxing rights on large multinational companies.The stakes in the negotiations are high. A failure to reach agreement on final terms could prompt several countries to reinstate their taxes on U.S. tech giants and risk punitive duties on billions of dollars...
-
India, US Extend Digital Tax On E-Commerce Supplies Till June 30
India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the finance ministry said on Friday.
-
European Union Puts Digital Tax Plan "On Hold" Amid US Pressure
The European Commission said Monday it would delay its plan to propose an EU digital tax in order to not jeopardise efforts to secure a global deal on fairer taxation.
-
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.
-
India Stands By New Digital Tax Opposed By US
India on Wednesday defended a new digital tax which faces opposition from big US tech firms such as Alphabet's Google and Facebook and the United States Trade Representative (USTR).
-
France Wants EU to Push Ahead With Digital Tax if Global Efforts Fail
The European Union should push ahead with its own digital tax in the first quarter of 2021 if broader efforts to find an international solution do not bring a breakthrough this year, the French finance minister said on Friday.
-
Facebook to Pay More Than $110 Million in Back Taxes in France
Facebook's French subsidiary has agreed to pay more than EUR 100 million ($118 million) in back taxes, including a penalty, after a ten-year audit of its accounts by French tax authorities, the company said on Monday.
-
Government Said to Tell US That Digital Tax on Google, Amazon Isn't Biased
India’s decision to levy a tax on companies offering digital services in the country is not aimed at any particular country and the decision will not be reconsidered, people with knowledge of the matter said.
-
US Unveils Tariffs on France Over Digital Tax but Delays Collection
The US on Friday unveiled heavy import duties on France in retaliation for the country's digital tax on American tech giants, but will hold off on collecting the fees to allow time for the dispute to be resolved.
-
OECD Says US Still Committed to Global Digital Tax Talks
The United States remains committed to global talks on the taxation of big digital companies despite its call for a pause, the head of the Organisation for Economic Cooperation and Development (OECD) said on Wednesday.
-
Britain, France Suggest Phased Approach to Global Digital Tax Talks
Britain, France, Italy and Spain suggested a "phased approach" to global digital taxation talks in a joint letter to the US treasury secretary last week, which they said could open the way for a deal this year.
-
France Slams 'Provocation' as US Halts Digital Tax Talks
France and the US locked horns Thursday over taxing digital giants such as Google and Facebook, after Washington said it was breaking off talks aimed at establishing a global framework for making the companies pay larger levies where they operate.
-
US Probe Into India's Digital Tax Not A Move Of Aggression: Report
The US government's move to launch a trade investigation into a digital services tax adopted by several countries including India should not be construed as a move of aggression against India, a senior government source said on Wednesday.
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US Probe Into India's Digital Tax Said Not Be a Move of Aggression
The US government's move to launch a trade investigation into a digital services tax adopted by several countries including India should not be construed as a move of aggression against New Delhi, a senior Indian government source said on Wednesday.
