Equalization Levy: New Indian Levy On Foreign Online Advertising and Related services

28
July
Thursday
11:30 AM
28
July
Thursday
12:30 PM

Equalization Levy: New Indian Levy On Foreign Online Advertising and Related services

Taking a cue from BEPS Action Plan 1 on addressing the tax challenges of the digital economy, the Government of India introduced (effective June 1, 2016) an Equalization Levy of 6% on payments made to non-residents for online advertising related services. The Government of India had also formed a committee on taxation of E-Commerce who took cognizance of the recommendations of the BEPS Action Plan and provided its recommendations (including introduction of Equalization Levy) to the Government. Please join USIBC as PwC speakers will provide insights on this new levy and other related recommendations and its impact on multinational companies.

For questions, please write to Ketan Thakkar (KThakkar@usibc.com).