Tech giants seek respite on Indian digital tax
Executives of US groups including Google and Fascebook reportedly want levy put on hold for at least six months
31 March 2020 - 16:58
New Delhi — Big US tech groups such as Google and Facebook plan to seek deferment of a new Indian digital tax, which has caught them offguard as businesses battle the fallout from the coronavirus pandemic, three industry sources told Reuters.
India announced last week that from April 1 all foreign billings for digital services provided in the country would attract a 2% tax. Foreign billings are where companies take payment abroad for a service provided to customers in India...
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