Netflix<\/a> will not pass on India's equalisation levy<\/a> to consumers this year and its tariff plans for users are likely to remain unchanged, people familiar with the matter said. The company had not passed on the levy to consumers last year as well.

ET had reported in its edition dated August 5 that
Google<\/a>'s stance of passing on the 2% equalisation levy to all its clients, even if they aren't based in India, is set to cause trouble for other tech companies as the tax department is likely to ask the other big tech companies to follow suit.

Netflix did not respond to an email seeking comments.

\"\"
<\/span><\/figcaption><\/figure>
Tax experts say that whether a company passes on equalisation levy or not is a choice they could make based on various factors. This may not have any direct implications for now.

\"Whether a company passes on equalisation levy to its consumers or not will depend on factors such as their strategy and price elasticity or maturity of the market,\" said Ajay Rotti, partner,
Dhruva Advisors<\/a>.

Industry trackers say that companies that are passing on the equalisation levy to customers could, in fact, land in tax complications. This is mainly because tax is paid on total revenue.

For instance, if a company charges Rs 1 lakh for a service and pays 2% tax on that, it means the total cost to the customer would become Rs 1.02 lakh.

The authorities can now question whether the consideration or sales for this company is Rs 1 lakh or Rs 1.02 lakh. And whether equalisation levy should apply on Rs 1 lakh or on Rs 1.02 lakh.

The government broadened the scope of equalisation levy at 6% first introduced in 2016 to include additional transactions. The new tax is applicable at 2%.

The definition of the new equalisation levy at 2% is too broad and in some way covers almost every online transaction, say tax experts.

\"The new levy would cover any contract between two non-Indian entities as well if any Indian customer is targeted by virtue of such contract and specifically the cases where advertisements are accessed by a targeted customer through an internet protocol address located in India,\" said
Rahul Garg<\/a>, managing partner, Asire Consulting LLP<\/a>.

The taxman wants tech giants to pay 2% tax even when buyer and seller are not based in India but their content, advertising is visible here. The new regulations define online sale of goods or services as any purchase that has been made online, online payment or even an offer that has been accepted online.
<\/body>","next_sibling":[{"msid":85088801,"title":"Apple accused of promoting scam 'slime relaxation' apps: Report","entity_type":"ARTICLE","link":"\/news\/apple-accused-of-promoting-scam-slime-relaxation-apps-report\/85088801","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"85081359","title":"Titled design - 2021-08-06T000220.457","entity_type":"IMAGES","seopath":"industry\/media\/entertainment\/netflixs-tariffs-likely-to-stay-same-wont-pass-on-equalisation-levy-to-customers-this-year\/titled-design-2021-08-06t000220-457","category_name":"Netflix's tariffs likely to stay same; won't pass on equalisation levy to customers this year","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-544150\/85081359.cms?width=150&height=112","link":"\/image\/industry\/media\/entertainment\/netflixs-tariffs-likely-to-stay-same-wont-pass-on-equalisation-levy-to-customers-this-year\/titled-design-2021-08-06t000220-457\/85081359"}],"msid":85088886,"entity_type":"ARTICLE","title":"Netflix's tariffs likely to stay same; won't pass on equalisation levy to customers this year","synopsis":"ET had reported in its edition dated August 5 that Google's stance of passing on the 2% equalisation levy to all its clients, even if they aren't based in India, is set to cause trouble for other tech companies as the tax department is likely to ask the other big tech companies to follow suit.","titleseo":"telecomnews\/netflixs-tariffs-likely-to-stay-same-wont-pass-on-equalisation-levy-to-customers-this-year","status":"ACTIVE","authors":[{"author_name":"Anumeha Chaturvedi","author_link":"\/author\/479226491\/anumeha-chaturvedi","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479226491.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479226491,"author_name":"Anumeha Chaturvedi","author_seo_name":"anumeha-chaturvedi","designation":"Assistant Editor","agency":false}},{"author_name":"Sachin Dave","author_link":"\/author\/479239123\/sachin-dave","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479239123.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479239123,"author_name":"Sachin Dave","author_seo_name":"sachin-dave","designation":"Senior Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2021-08-06 07:49:36","lastupd":"2021-08-06 07:50:27","breadcrumbTags":["Netflix","asire consulting llp","Netflix tariffs","Netflix plans","google","Rahul Garg","MVAS\/Apps","equalisation levy","dhruva advisors"],"secinfo":{"seolocation":"telecomnews\/netflixs-tariffs-likely-to-stay-same-wont-pass-on-equalisation-levy-to-customers-this-year"}}" data-authors="[" anumeha chaturvedi","sachin dave"]" data-category-name="" data-category_id="" data-date="2021-08-06" data-index="article_1">

Netflix的关税可能会保持相同;今年不会平衡税转嫁到客户

等曾在出版日期为8月5日报道说,谷歌的立场将2%的平衡征收其所有客户,即使他们不是建立在印度,将制造麻烦为其他科技公司的税务部门可能会要求其他大型科技公司效仿。

Anumeha查图尔维迪 萨钦戴夫
  • 更新2021年8月6日07:50点坚持
网飞公司不会通过在印度吗平衡税今年给消费者,其关税计划为用户可能会保持不变,知情人士说。该公司去年没有通过向消费者征税。

等报道了版日期为8月5日谷歌平衡的立场将2%征收其所有客户,即使他们不是建立在印度,将制造麻烦为其他科技公司的税务部门可能会要求其他大型科技公司效仿。

Netflix没有回应寻求评论的电子邮件。


税务专家表示,是否征收公司通过平衡是一种选择,他们可以根据不同的因素。这可能没有任何直接影响。

广告
“是否征收公司通过平衡消费者与否将取决于他们的策略和价格弹性等因素或成熟的市场,“说Ajay深受合作伙伴,Dhruva顾问

isuppli表示,公司在平衡税转嫁到消费者头上,事实上,土地税的并发症。这主要是因为税收支付总收入。

举例来说,如果一个公司指控Rs 1多数为服务支付2%的税,这意味着客户的总成本将成为Rs 1.02十万卢比。

当局现在可以质疑的考虑或销售公司是Rs 1多数或Rs 1.02十万卢比。和平衡税是否应该应用Rs负载或Rs 1.02十万卢比。

政府扩大了平衡税在6%的范围在2016年首次引入包括其他事务。这项新税收适用在2%。

新的平衡税在2%的定义太广泛而以某种方式涵盖几乎所有在线事务,税务专家说。

“新税将覆盖任何合同两个会实体之间是否有印度客户有针对性的通过这样的合同,具体的访问情况下广告目标客户通过互联网协议地址位于印度,”说拉胡尔Garg管理合伙人,Asire咨询律师事务所

广告
税务局要科技巨头即使买方和卖方支付2%的税不是建立在印度但他们的内容,广告是可见的。新规定网上出售商品或服务定义为任何购买了网上在线支付或者网上报价,已被接受。
  • 发布于2021年8月6日07:49点坚持
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Netflix<\/a> will not pass on India's equalisation levy<\/a> to consumers this year and its tariff plans for users are likely to remain unchanged, people familiar with the matter said. The company had not passed on the levy to consumers last year as well.

ET had reported in its edition dated August 5 that
Google<\/a>'s stance of passing on the 2% equalisation levy to all its clients, even if they aren't based in India, is set to cause trouble for other tech companies as the tax department is likely to ask the other big tech companies to follow suit.

Netflix did not respond to an email seeking comments.

\"\"
<\/span><\/figcaption><\/figure>
Tax experts say that whether a company passes on equalisation levy or not is a choice they could make based on various factors. This may not have any direct implications for now.

\"Whether a company passes on equalisation levy to its consumers or not will depend on factors such as their strategy and price elasticity or maturity of the market,\" said Ajay Rotti, partner,
Dhruva Advisors<\/a>.

Industry trackers say that companies that are passing on the equalisation levy to customers could, in fact, land in tax complications. This is mainly because tax is paid on total revenue.

For instance, if a company charges Rs 1 lakh for a service and pays 2% tax on that, it means the total cost to the customer would become Rs 1.02 lakh.

The authorities can now question whether the consideration or sales for this company is Rs 1 lakh or Rs 1.02 lakh. And whether equalisation levy should apply on Rs 1 lakh or on Rs 1.02 lakh.

The government broadened the scope of equalisation levy at 6% first introduced in 2016 to include additional transactions. The new tax is applicable at 2%.

The definition of the new equalisation levy at 2% is too broad and in some way covers almost every online transaction, say tax experts.

\"The new levy would cover any contract between two non-Indian entities as well if any Indian customer is targeted by virtue of such contract and specifically the cases where advertisements are accessed by a targeted customer through an internet protocol address located in India,\" said
Rahul Garg<\/a>, managing partner, Asire Consulting LLP<\/a>.

The taxman wants tech giants to pay 2% tax even when buyer and seller are not based in India but their content, advertising is visible here. The new regulations define online sale of goods or services as any purchase that has been made online, online payment or even an offer that has been accepted online.
<\/body>","next_sibling":[{"msid":85088801,"title":"Apple accused of promoting scam 'slime relaxation' apps: Report","entity_type":"ARTICLE","link":"\/news\/apple-accused-of-promoting-scam-slime-relaxation-apps-report\/85088801","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"85081359","title":"Titled design - 2021-08-06T000220.457","entity_type":"IMAGES","seopath":"industry\/media\/entertainment\/netflixs-tariffs-likely-to-stay-same-wont-pass-on-equalisation-levy-to-customers-this-year\/titled-design-2021-08-06t000220-457","category_name":"Netflix's tariffs likely to stay same; won't pass on equalisation levy to customers this year","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-544150\/85081359.cms?width=150&height=112","link":"\/image\/industry\/media\/entertainment\/netflixs-tariffs-likely-to-stay-same-wont-pass-on-equalisation-levy-to-customers-this-year\/titled-design-2021-08-06t000220-457\/85081359"}],"msid":85088886,"entity_type":"ARTICLE","title":"Netflix's tariffs likely to stay same; won't pass on equalisation levy to customers this year","synopsis":"ET had reported in its edition dated August 5 that Google's stance of passing on the 2% equalisation levy to all its clients, even if they aren't based in India, is set to cause trouble for other tech companies as the tax department is likely to ask the other big tech companies to follow suit.","titleseo":"telecomnews\/netflixs-tariffs-likely-to-stay-same-wont-pass-on-equalisation-levy-to-customers-this-year","status":"ACTIVE","authors":[{"author_name":"Anumeha Chaturvedi","author_link":"\/author\/479226491\/anumeha-chaturvedi","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479226491.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479226491,"author_name":"Anumeha Chaturvedi","author_seo_name":"anumeha-chaturvedi","designation":"Assistant Editor","agency":false}},{"author_name":"Sachin Dave","author_link":"\/author\/479239123\/sachin-dave","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479239123.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479239123,"author_name":"Sachin Dave","author_seo_name":"sachin-dave","designation":"Senior Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2021-08-06 07:49:36","lastupd":"2021-08-06 07:50:27","breadcrumbTags":["Netflix","asire consulting llp","Netflix tariffs","Netflix plans","google","Rahul Garg","MVAS\/Apps","equalisation levy","dhruva advisors"],"secinfo":{"seolocation":"telecomnews\/netflixs-tariffs-likely-to-stay-same-wont-pass-on-equalisation-levy-to-customers-this-year"}}" data-news_link="//www.iser-br.com/news/netflixs-tariffs-likely-to-stay-same-wont-pass-on-equalisation-levy-to-customers-this-year/85088886">