Digital corporations can operate in a market without a physical presence. The current basis for taxing in a particular jurisdiction is a notion of a fixed place of business. In light of this, examine the challenges in taxing the digital companies and how India is dealing with such a challenge? 10 marks - Civilsdaily

Digital corporations can operate in a market without a physical presence. The current basis for taxing in a particular jurisdiction is a notion of a fixed place of business. In light of this, examine the challenges in taxing the digital companies and how India is dealing with such a challenge? 10 marks

Mentor’s comment- https://indianexpress.com/article/opinion/columns/digital-companies-cyber-tax-g20-countries-7154883/ In the intro, briefly mention the equalisation levy implemented by India. In the body, mention the issue of taxing the digital companies as they operate in countries different from the country to which they belong with a physical address. The country in which business is carried out faces the threat of losing … Continue reading Digital corporations can operate in a market without a physical presence. The current basis for taxing in a particular jurisdiction is a notion of a fixed place of business. In light of this, examine the challenges in taxing the digital companies and how India is dealing with such a challenge? 10 marks