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India to give up on equalisation levy from 2023 under new OECD tax deal

Conceding ground, India also settled for a re-allocation of only 25 per cent of non-routine profits of these entities above a 10-per cent margin, as against its stand for at least 30 per cent re-allocation, leaving little for New Delhi to gain. ....

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Google, Microsoft, Facebook may have to share profits with India and other markets

The two-pillar package deal will give rights to countries, including India, to tax large digital players, besides setting a global minimum corporation tax of 15 per cent. ....

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Breaking: India to give up on equalisation levy from 2023 under new OECD tax deal

Conceding ground, India also settled for a re-allocation of only 25 per cent of non-routine profits of these entities above a 10-per cent margin, as against its stand for at least 30 per cent re-allocation, leaving little for New Delhi to gain. ....

New Delhi , Akhilesh Ranjan , Digital Services , Multilateral Convention , Google Tax , Digital Services Taxes , Global Digital Tax , Central Board , Direct Taxes , Pillar Two , India To Give Up On Equalisation Levy , Google Tax , What Is Equalisation Levy , New Oecd Tax Deal , Global Tax Deal On Equalisation Levy , Oecd Beps Deal , Hare Profits , Ndia Global Tax , Lobal Tax Regime , Google Tax , Facebook Tax , Microsoft Tax ,