Welcome
Daily Tax Report: International

India Says Global Digital Tax Proposals Fall Short

Dec. 10, 2018, 3:31 AM

Recent proposals by countries to tax digital services don’t go far enough, an Indian government official said, arguing that tax officials need broader tools to address how the internet has transformed the economy.

India has been a key agitator in the Organization for Economic Cooperation and Development’s search for new ways to tax the digital economy. It included a provision in March in the 2018 Finance Act addressing significant economic presence, stating that companies must pay taxes if they do business with Indians online without being physically present.

Other nations think India has rushed into an approach that risks...

To read the full article log in. To learn more about a subscription click here.