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US, India Extend Digital Tax Truce to June 30 as Deadline Approaches
The US and India have extended their standstill agreement till June 30, over the former's retaliation over India’s digital-services tax on big tech firms. The development was announced by the US ahead of a deadline for a global deal that will reallocate taxing rights for major US tech firms that provide digital services like Alphabet-owned Google...
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At Rally In Nevada, Donald Trump Proposes Ending Taxes On Tips
Republican presidential candidate Donald Trump told a rally in Las Vegas on Sunday that he would seek to end taxation of income from tips, a direct appeal to service workers in the swing state of Nevada, which polls suggest is leaning his way ahead o
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India's G20 Sherpa's Sharp Retort To US Envoy's Reforms In Taxation Remark
India's G20 sherpa Amitabh Kant Friday said Americans do protectionism of the highest order and advocate laissez-faire for the developing countries as he dismissed US ambassador Eric Garcetti's suggestion of reforms in India's taxation system.
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"Want An India That...": US Envoy Wants Reforms In Tax, Export Policies
US Ambassador Eric Garcetti on Tuesday pitched for reform in India's taxation and export control for deeper bilateral economic engagement and said the "rhetoric" that everything has to be made in India could slow down the pace of the country's growth
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ChatGPT Writes Essays on Constitutional Law, Taxation, Passes Exams at US Law School
ChatGPT, the chatbot from OpenAI that has taken the internet by storm, has written essays on topics ranging from constitutional law to taxation and torts and passed exams at a US law school. A professor at Minnesota University Law School, gave ChatGPT the same test faced by students, consisting of 95 multiple-choice questions and 12 essay questions...
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ChatGPT Passes US Law School Exam, Writes Essays On Taxation, Constitution
A chatbot powered by reams of data from the internet has passed exams at a US law school after writing essays on topics ranging from constitutional law to taxation and torts
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Apple Gets $105 Million Tax Bill in Japan for Bulk Sale of iPhone to Tourists: Report
The Tokyo unit of US technology giant Apple has been reportedly slapped with USD 105 million (14 billion yen) in additional taxes over bulk duty-free sales of iPhone smartphones and other Apple devices to foreign visitors. The report said that the Tokyo Regional Taxation Bureau found Apple Japan's approximately USD 1,04,16,84,000 (140 billion yen) ...
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India, 135 Other Nations Agree On Landmark Global Corporate Tax Deal
A group of 136 countries on Friday set a minimum global tax rate of 15 per cent for big companies and sought to make it harder for them to avoid taxation in a landmark deal that US President Joe Biden said levelled the playing field.
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Amazon May Prove Exception to Minimum Global Tax Rate Rules
The Group of Seven wealthy nations may have endorsed a plan to ensure the world's biggest companies pay a minimum global tax rate, but US tech behemoth Amazon may escape it.
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Amazon, Facebook, Google, More Big Tech’s Digital Taxation Debate Heating Up on Global Stage
An international debate over how countries tax big US technology companies such as Google, Amazon, and Facebook is heating up, presenting a challenge for US President Joe Biden's new administration.
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OECD Says US Still Committed to Global Digital Tax Talks
The United States remains committed to global talks on the taxation of big digital companies despite its call for a pause, the head of the Organisation for Economic Cooperation and Development (OECD) said on Wednesday.
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Britain, France Suggest Phased Approach to Global Digital Tax Talks
Britain, France, Italy and Spain suggested a "phased approach" to global digital taxation talks in a joint letter to the US treasury secretary last week, which they said could open the way for a deal this year.
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EU Tax Commissioner Slams US Plans on Tech Tax
A global reform of the taxation of corporate digital revenues is very unlikely if the United States continues backing a "safe harbour" plan which would allow firms to choose how to be taxed, European Union tax commissioner Paolo Gentiloni said on Tuesday.
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France Urges US to 'Come to Its Senses' on Digital Tax
Finance Minister Bruno Le Maire called Monday on the United States to not follow through on threats to impose sanctions on France in a dispute over taxation of tech giants and warned of retaliation.
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India Certainly Not "Tariff King", Says World Bank On Trump's Remarks
The World Bank does not agree with US President Donald Trump's claim that India is a "tariff king" and feels that the Indian taxation system and economy is much more liberalised than it was a few decades ago, a top official of the international financial institution said Wednesday.
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US, India Extend Digital Tax Truce to June 30 as Deadline Approaches
The US and India have extended their standstill agreement till June 30, over the former's retaliation over India’s digital-services tax on big tech firms. The development was announced by the US ahead of a deadline for a global deal that will reallocate taxing rights for major US tech firms that provide digital services like Alphabet-owned Google...
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At Rally In Nevada, Donald Trump Proposes Ending Taxes On Tips
Republican presidential candidate Donald Trump told a rally in Las Vegas on Sunday that he would seek to end taxation of income from tips, a direct appeal to service workers in the swing state of Nevada, which polls suggest is leaning his way ahead o
-
India's G20 Sherpa's Sharp Retort To US Envoy's Reforms In Taxation Remark
India's G20 sherpa Amitabh Kant Friday said Americans do protectionism of the highest order and advocate laissez-faire for the developing countries as he dismissed US ambassador Eric Garcetti's suggestion of reforms in India's taxation system.
-
"Want An India That...": US Envoy Wants Reforms In Tax, Export Policies
US Ambassador Eric Garcetti on Tuesday pitched for reform in India's taxation and export control for deeper bilateral economic engagement and said the "rhetoric" that everything has to be made in India could slow down the pace of the country's growth
-
ChatGPT Writes Essays on Constitutional Law, Taxation, Passes Exams at US Law School
ChatGPT, the chatbot from OpenAI that has taken the internet by storm, has written essays on topics ranging from constitutional law to taxation and torts and passed exams at a US law school. A professor at Minnesota University Law School, gave ChatGPT the same test faced by students, consisting of 95 multiple-choice questions and 12 essay questions...
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ChatGPT Passes US Law School Exam, Writes Essays On Taxation, Constitution
A chatbot powered by reams of data from the internet has passed exams at a US law school after writing essays on topics ranging from constitutional law to taxation and torts
-
Apple Gets $105 Million Tax Bill in Japan for Bulk Sale of iPhone to Tourists: Report
The Tokyo unit of US technology giant Apple has been reportedly slapped with USD 105 million (14 billion yen) in additional taxes over bulk duty-free sales of iPhone smartphones and other Apple devices to foreign visitors. The report said that the Tokyo Regional Taxation Bureau found Apple Japan's approximately USD 1,04,16,84,000 (140 billion yen) ...
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India, 135 Other Nations Agree On Landmark Global Corporate Tax Deal
A group of 136 countries on Friday set a minimum global tax rate of 15 per cent for big companies and sought to make it harder for them to avoid taxation in a landmark deal that US President Joe Biden said levelled the playing field.
-
Amazon May Prove Exception to Minimum Global Tax Rate Rules
The Group of Seven wealthy nations may have endorsed a plan to ensure the world's biggest companies pay a minimum global tax rate, but US tech behemoth Amazon may escape it.
-
Amazon, Facebook, Google, More Big Tech’s Digital Taxation Debate Heating Up on Global Stage
An international debate over how countries tax big US technology companies such as Google, Amazon, and Facebook is heating up, presenting a challenge for US President Joe Biden's new administration.
-
OECD Says US Still Committed to Global Digital Tax Talks
The United States remains committed to global talks on the taxation of big digital companies despite its call for a pause, the head of the Organisation for Economic Cooperation and Development (OECD) said on Wednesday.
-
Britain, France Suggest Phased Approach to Global Digital Tax Talks
Britain, France, Italy and Spain suggested a "phased approach" to global digital taxation talks in a joint letter to the US treasury secretary last week, which they said could open the way for a deal this year.
-
EU Tax Commissioner Slams US Plans on Tech Tax
A global reform of the taxation of corporate digital revenues is very unlikely if the United States continues backing a "safe harbour" plan which would allow firms to choose how to be taxed, European Union tax commissioner Paolo Gentiloni said on Tuesday.
-
France Urges US to 'Come to Its Senses' on Digital Tax
Finance Minister Bruno Le Maire called Monday on the United States to not follow through on threats to impose sanctions on France in a dispute over taxation of tech giants and warned of retaliation.
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India Certainly Not "Tariff King", Says World Bank On Trump's Remarks
The World Bank does not agree with US President Donald Trump's claim that India is a "tariff king" and feels that the Indian taxation system and economy is much more liberalised than it was a few decades ago, a top official of the international financial institution said Wednesday.
