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Scope Of Equalisation Levy Has The Tax World Divided
Some in the tax fraternity are taking a narrow view of applicability of digital tax. Here's why.
24 Aug 2021, 06:02 PM IST
Rarely do newspaper editorials influence legal opinions. Their impact on tax policy is even more limited. But when the finance minister takes note of an opinion in a business daily, stakeholders sit up and take notice.In the last few months, this story has played out vis-à-vis India’s digital tax, technically referred to as equalisation levy.This tax is applicable to foreign e-commerce operators, with an annual turnover or sales of o...
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