Friday, July 30, 2021

Foreign card payment companies may have to shell out more taxes once data servers are set up

A large part of the income generated by these companies in India is outside the domestic tax net as they did not have a PE here. PE is a concept in the tax regulations that determines which country has the right to tax a company - and to what extent.

from Banking/Finance-Industry-Economic Times https://ift.tt/3rO3W9x

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