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<h1>Finance Act 2016: Key Terms for Equalisation Levy on Digital Transactions Explained, Including E-Commerce Operator and Specified Services.</h1> Section 164 of the Finance Act, 2016, defines key terms related to the Equalisation Levy in international taxation. An 'E-Commerce Operator' is a non-resident managing a digital platform for online sales or services. 'E-Commerce Supply or Services' includes online sales or services by the operator, involving activities such as order acceptance and payment. 'Specified Services' cover online advertisements and related digital advertising services. 'Online' refers to any service or access obtained via the internet or digital networks. These definitions guide the application of the Equalisation Levy on digital transactions.