Google, FB, Netflix will have to pay 15% global minimum tax following OECD deal
With the implementation of the global tax deal, India might have to phase out equalisation levy or Google Tax, as it is popularly known
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With the implementation of the global tax deal, India might have to phase out equalisation levy or Google Tax, as it is popularly known
Samsung, SK hynix on alert over OECD's 'digital tax' deal
The deal has been supported by 136 countries including India
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<p><span>The landmark deal, agreed by 136 countries and jurisdictions representing more than 90% of global GDP, will also reallocate more than USD 125 billion of profits from around 100 of the world’s largest and most profitable MNEs to countries worldwide, ensuring that these firms pay a fair share of tax wherever they operate and generate profits.</span></p>