US to probe ‘Google tax’ among levies - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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US to probe ‘Google tax’ among levies

India levies a 6% equalisation levy or the so-called ‘Google tax’ on foreign online advertising platforms to tax companies such as Google, Facebook and Netflix on their online advertising. This year, it expanded its scope to all overseas ecommerce transactions originating from India, but at a reduced rate of 2%.

from Economy-News-Economic Times
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