Wednesday, August 19, 2020

MasterCard not required to pay Equalisation Fee, says Delhi High Court [Read Order]

The Delhi High Court, on Tuesday, disposed-off a plea by Mastercard after the Income Tax Department conceded that no equalization fee will be paid in case of Permanent Establishment (PE). Introduced in 2016, Equalisation Levy, also known as ‘Google Tax’, initially was applicable to payments for digital advertisement services received by non-resident companies without a […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2YiLk43

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