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Tag: Goods and Services Tax

India scraps 2% equalisation levy on foreign digital services

India scraps 2% equalisation levy on foreign digital services

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Budget confirms removal of 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 in

New Zealand hits gig & sharing economies platforms with 15% GST April 2024

New Zealand hits gig & sharing economies platforms with 15% GST April 2024

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Imposition on digital platforms Goods & Services Tax 1 April 2024 on ride and accommodation sharing New Zealand has imposed on gig & sharing economies platforms GST collections obligations from 1 April 2024. This shifts the indirect tax requirements from the accommodation and transportation service providers

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