News & Media 30th Nov 2021

Interpreting The India-US Interim Agreement On Equalisation Levy 2020

Authors

Stella Joseph Partner | Mumbai
Rushil Shah Principal Associate | Mumbai

Latest Thought Leadership

News & Media 23rd Jul 2024

Income tax changes in Budget 2024: Who benefits from new tax regime?

Read More
Newsletter/Booklets 23rd Jul 2024

Budget Buzz – Rationalization of TDS provisions

Read More
News & Media 23rd Jul 2024

Budget Reactions on Agricultural Sector

Read More
News & Media 23rd Jul 2024

Union Budget 2024: FM Sitharaman tweaks income tax slabs for New tax regime, savings up to Rs 17,500

Read More

On October 8, 2021, a landmark deal was reached amongst over 130 countries where the broad contours of Two Pillar Solution to Address the Tax Challenges arising from the Digitization of the Economy was finalized . The key impetus of these global negotiations was to stop digital services taxes from being imposed by different countries unilaterally. There is also an agreement between US and India, as regards to the interim arrangement, till the time the Global Tax Deal is put in place.

Against this backdrop, Stella Joseph (Partner) and Rushil Shah (Principal Associate) at Economic Laws Practice (ELP) have co-authored an article for Medianama titled ‘Interpreting The India-US Interim Agreement On Equalisation Levy 2020’. In their article, Stella and Rushil elaborate on the terms agreed upon by both countries and how it would impact tech companies.

Read the detailed article here: Click here