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Tag: facilitating marketplace

India scraps 2% equalisation levy on foreign digital services

India scraps 2% equalisation levy on foreign digital services

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1st Aug 2024: Budget removes contentious tax on non-resident providers of digital services The latest Indian budget has confirmed the scrapping of the 2% equalisation levy on digital companies, online education-providing firms, and software-as-a-service (SaaS) providers without a permanent physical presence in India. This is

Jersey to bring foreign e-commerce and marketplaces into GST net 2023

Jersey to bring foreign e-commerce and marketplaces into GST net 2023

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Online sellers and electronic interfaces to charge GST once over registration threshold The Channel Islands territory of Jersey will impose Goods and Services Tax collections and reporting obligations on non-resident e-commerce sellers from 1 January 2023. There will be a compulsory registration threshold of GBP

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