Big Deal: Decoding digital taxation and its impact on start-ups
India has stood its ground on digital taxation and defended the equalisation levy on resident e-commerce companies calling it non-discriminatory. Dinesh Kanabar, CEO of Dhruva Advisors, Mike Lane, head of tax at Slaughter and May and Sunil Gupta, head of direct taxes at Reliance Industries put all that into perspective in a conversation with Nisha Poddar
India has stood its ground on digital taxation and defended the equalisation levy on resident e-commerce companies calling it non-discriminatory. This is in response to the US trade representatives initiating an investigation against India and nine other countries for unfair trade practices as far as the American tech giants are concerned.
Is this particular issue likely to create a digital divide, what is India trying to do in terms of digital taxation policy? Is it trying to extract its pound of flesh, or is it really trying to create a barrier so that the indigenous start-ups get a bigger breeding ground?
Dinesh Kanabar, CEO of Dhruva Advisors, Mike Lane, head of tax at Slaughter and May and Sunil Gupta, head of direct taxes at Reliance Industries put all that into perspective in a conversation with Nisha Poddar.
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