Why is there a disenchantment in these countries of the world including America with the imposition of digital service tax of India?

In many countries of the world, including America, digital service tax has started to fizzle out.

In many countries of the world, including America, digital service tax has started to fizzle out.

Digital Service Tax: India will charge only 2% DST Tax (DST Tax) on foreign companies. This tax is going to apply to companies whose annual turnover is more than Rs 2 crore, while countries like Indonesia charge 10% DST on digital products.

New Delhi. In many countries of the world, including India’s (US) digital service tax (DST Tax), fury has started. Explain that foreign companies were taking all the profits in India to their country, but now Modi government (Modi Government) asked them to give DST, then there has been a resentment in those countries. India has imposed only 2 percent DST on foreign companies. America has been particularly shocked by the introduction of DST by India. US administrations are telling it against their interests. Now there will be a debate about this in the US Congress. However, according to the Congress Research Service report, France, Italy, Spain, Britain, Turkey and Indonesia also charge DST tax in addition to India. In such a situation, the question arises that after all, why has America created a storm especially on DST? What are the rules regarding DST in other countries of the world? How will the situation change once it is implemented in India?

Which countries have DST?
Trade Representative-USTR has examined the DST tax imposed in some countries of the world. In this investigation, it has been found that apart from India, France, Italy, Spain, Britain, Turkey and Indonesia also take GST, while Brazil, Czech Republic and European Union are also going to apply this tax.

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Apart from India, France, Italy, Spain, Britain, Turkey and Indonesia also take GST. (flickr)

Only 2% of DST will be charged by India
India will charge only 2% DST on foreign companies. This tax is going to apply to companies whose annual turnover is more than Rs 2 crore, while countries like Indonesia charge 10% DST on digital products. Similarly DST charges Italy 3%, Spain 3% and UK 2%.

Will digital companies be discriminated against?
The USTR report has revealed that there have been three allegations against DST. First, this system discriminates against American digital companies. Second, this tax is against the principle of international taxation. Third, it puts a burden on American commercial interests.

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India will charge only 2% DST on foreign companies.

Also read: Will it be necessary to send every file of Delhi Chief Minister and Minister to LG now?

Now America is trying to have an international conference on the digital tax imposed by these countries. This conference was to be held in December 2020, but it has been postponed due to Corona crisis. Now America is trying that 130 countries of the world should meet soon on DST and take a decision on it.



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