About this document
Understanding Google Tax in India by Ankit Madke is a document available to read on EtoBox.
The document discusses Google Tax, which is a nickname for Equalisation Levy, a tax introduced in India in 2016 to tax digital companies without a permanent establishment in India whose main source of income is advertising. The tax is 6% of ad revenue over 1 lakh rupees initially for B2B companies but was expanded in 2020 to include B2C e-commerce at 2% of transactions over annual revenue of 2 crores. There is tension with the US as most digital companies affected are American.
- Author
- Ankit Madke
- Language
- EN