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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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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...
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Donald Trump Promises "Giant Tax Cut" As "Christmas Gift" To Americans
US President Donald Trump today said the Congress has reached an agreement on tax legislation that will deliver more jobs, higher wages, and "massive tax relief" for American families and domestic companies.
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India, US Resolve Tax Disputes Worth Rs 5,000 Crore
India and the US have resolved over 100 cases of tax disputes involving Rs 5,000 crore under the Mutual Agreement Procedure (MAP) and have finalised the terms and conditions of the first bilateral Advance Pricing Agreement (APA), an official statement said on Thursday.
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India, US To Collaborate On Tackling Offshore Tax Evasion
India and the US have agreed to enhance collaboration on tackling offshore tax evasion and increase cooperation in sharing of cross-border tax information.
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Proposed GST In India Is Of Paramount Importance: US
Underscoring the need for tax reforms in India, the US has said the proposed Goods and Services Tax (GST) is of paramount importance.
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India,US Join Hands to Close in on Tax Evaders
India and the United States signed a tax information sharing agreement today, under a new US law meant to combat offshore tax dodging by Americans as well as Indians stashing funds abroad.
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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...
-
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...
-
Donald Trump Promises "Giant Tax Cut" As "Christmas Gift" To Americans
US President Donald Trump today said the Congress has reached an agreement on tax legislation that will deliver more jobs, higher wages, and "massive tax relief" for American families and domestic companies.
-
India, US Resolve Tax Disputes Worth Rs 5,000 Crore
India and the US have resolved over 100 cases of tax disputes involving Rs 5,000 crore under the Mutual Agreement Procedure (MAP) and have finalised the terms and conditions of the first bilateral Advance Pricing Agreement (APA), an official statement said on Thursday.
-
India, US To Collaborate On Tackling Offshore Tax Evasion
India and the US have agreed to enhance collaboration on tackling offshore tax evasion and increase cooperation in sharing of cross-border tax information.
-
Proposed GST In India Is Of Paramount Importance: US
Underscoring the need for tax reforms in India, the US has said the proposed Goods and Services Tax (GST) is of paramount importance.
-
India,US Join Hands to Close in on Tax Evaders
India and the United States signed a tax information sharing agreement today, under a new US law meant to combat offshore tax dodging by Americans as well as Indians stashing funds abroad.
