What OECD’s tax plan for tech giants means for India2 min read . Updated: 11 Oct 2019, 08:54 AM IST
- OECD has proposed that profits of MNCs should be available for taxation in the country where their customers are, irrespective of any physical presence in that market
- A formula should be evolved for such taxation
New Delhi: Organisation for Economic Cooperation and Development (OECD), the club of industrialized nations, on Wednesday unveiled a new global approach for taxation of multinational companies, especially technology giants like Google and Facebook. Mint takes a look at what it means for India.
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