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Tag: tax

Expert Opinion: The Looming Threat of Tax Whistleblower Lawsuits for Retailers

As big retail adjusts to the tax complexities resulting from the Supreme Court’s Wayfair ruling, there is one unintended consequence that is getting little attention, but will likely become a significant risk to the sector in the years to come. For executives tasked with ensuring their organizations are compliant with the proliferation of economic nexus …

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CAIT seeks probe into alleged avoidance of tax liability by Amazon, Flipkart, Retail News, ET Retail

​​​The Confederation of All India Traders (CAIT) wrote to the finance minister alleging that e-commerce companies, including Amazon and Flipkart, were selling various products on their platforms at a price much lower than fair market value. It also said that their act is in utter disregard of the provisions of FDI policy and causing tax …

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MNC Digital companies may face a minimum level of tax, Retail News, ET Retail

NEW DELHI: Multinational technology and digital companies may have to cough up a minimum level of corporate tax, bringing an end to the popular practice of lowering or avoiding taxes by setting up entities in low-tax jurisdictions. The Organisation for Economic Cooperation and Development (OECD) on Friday unveiled for public consultation a proposal on taxation …

MNC Digital companies may face a minimum level of tax, Retail News, ET RetailRead More