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Sunday, June 20, 2021

Twitter, Google, Facebook could see tax bills rise under new rules

The tax department could argue that appointing a nodal or compliance officer in India under the new rules implies the company has a permanent establishment in India, experts said. And that they should therefore pay the appropriate taxes—at least 25% but possibly as much as 42%--on the entire income generated in the country.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3iYrMNw

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