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India gains with a digital services tax

By Economic Times - 9 months ago
The moratorium has served its purpose of keeping trade in digital services free without extensive rules over fair play. These rules are unlikely to be codified as long as the tax waiver remains in place. New Delhi has a strong case at Abu Dhabi 13th Ministerial Conference in seeking to sort digital services on a merit scale. Should games receive the same tax treatment as biomedical research? Both activities are increasingly being conducted online. A catch-all approach cannot be perpetuated. The question is: when do you insist on rules for digital trade?

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