https://www.taxtmi.com/news?id=21102 The Government imposed an Equalisation Levy to tax specified digital services supplied remotely by non-residents and amended Section 9(1)(i) to recognise Significant Economic Presence as a basis for establishing a business connection: this captures transactions in goods, services or data and systematic digital interaction with users, with thresholds to be prescribed after consultation, and aims to widen the tax base and address avoidance including application of GAAR where activities are structured to evade nexus. en-us Tue, 12 Feb 2019 17:57:59 +0530 Tue, 12 Feb 2019 17:57:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21102 The Government imposed an Equalisation Levy to tax specified digital services supplied remotely by non-residents and amended Section 9(1)(i) to recognise Significant Economic Presence as a basis for establishing a business connection: this captures transactions in goods, services or data and systematic digital interaction with users, with thresholds to be prescribed after consultation, and aims to widen the tax base and address avoidance including application of GAAR where activities are structured to evade nexus. News - Tue, 12 Feb 2019 17:57:59 +0530 https://www.taxtmi.com/news?id=21102