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Kampf gegen Steuervermeider: G7-Finanzminister einigen sich auf weltweite Digitalsteuer

Kampf gegen Steuervermeider: G7-Finanzminister einigen sich auf weltweite Digitalsteuer
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What is Google Tax by India that riles US and UK?

What is Google Tax by India that riles US and UK? © Shubhashish What is Google Tax by India that riles US and UK? The so-called Google Tax by India, officially known as the Equalization Levy, repeatedly makes headlines. India charges all non-resident entities up to 2 percent on their earnings from digital businesses based in India or those who target its consumer market. Originally introduced in 2016 for untaxed foreign tech majors profiting in India, it has been expanded since April 2020. Now, offshore e-commerce firms selling through an Indian arm are exempted. But the US, European Union and United Kingdom remain bitterly opposed, calling it discriminatory and saying it stifles innovation and digitization. India s collection from the levy nearly doubled to Rs. 2,035 crore in FY21 from Rs. 1,138 crore in FY20.

United kingdomEuropean unionGoogle taxShubhashish whatEqualization levyஒன்றுபட்டது கிஂக்டம்ஐரோப்பிய தொழிற்சங்கம்கூகிள் வரிசுபாஷிஷ் என்னசமன்பாடு வசூல் செய்தல்

Google tax: American IT and steel lobbies back action against India

Bengaluru, only region to post growth in direct tax mop up - The Hindu BusinessLine

City second biggest contributor after Mumbai; brings in nearly half ‘Google Tax’

United statesFinance ministryRevised estimateGoogle taxFinance actIndirect tax collectionIncome taxஒன்றுபட்டது மாநிலங்களில்நிதி அமைச்சகம்கூகிள் வரிநிதி நாடகம்நேரடி வரி சேகரிப்புவருமானம் வரி

Biden vows to close multinational tax avoidance loophole

Biden vows to close multinational tax avoidance loophole ZDNet 5 days ago © ZDNet Amazon has been singled out by United States President Joe Biden as one of several large corporations that are using various loopholes to avoid paying federal tax in the US. In a speech about his job plan for America, Biden vowed that one of his priorities would be to level the international playing field and make sure large corporations are paying their fair share of taxes by raising the corporate tax rate from 21% to 28%. In 2019, an independent analysis found that are 91 let me say it again, 91 Fortune 500 companies the biggest companies in the world, including Amazon they used various loopholes so they d pay not a single solitary penny in federal income tax. I don t want to punish them, but that s just wrong. That s just wrong. A fireman and a teacher paying 22%? Amazon and 90 other major corporations are paying zero in federal taxes? he said.

United statesUnited kingdomJoe bidenRevenue serviceInclusive framework on base erosionOrganisation for economic cooperationUnited states president joe bidenEconomic cooperationBase erosionProfit shiftingInclusive frameworkDiverted profits taxGoogle taxஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்ஓஹோ பிடென்