Amendments India widens Equalisation Levy base Effective 1st April 2020 India Widens its base of Equalisation Levy (2% on e commerce supply) In 2016, India had first introduced an equalisation levy on payments received by non-residents (subject to certain… April 24, 2020 By admin 2
Amendments OECD Guidelines on C By C reporting The OECD on December 23 released additional interpretative guidance on country-by-country reporting. The guidance was approved by a coalition of 130+ countries known as the “Inclusive Framework on BEPS.”… January 24, 2020 By admin 0
Amendments Turkey Comes up with 7.5% Digital Service Tax With every country’s tax authorities trying to catch up with modern ways of doing business, the latest is Turkey government who is going to enact 7.5% service tax on… December 24, 2019 By admin 0
Amendments Australiareleases text of tax treaties with India reflecting MLI changes The Australian government on November 29 released the synthesized texts of Australia’s tax treaties with Ireland and India reflecting how those treaties were modified by the later ratification of… December 11, 2019 By admin 0
