New Delhi: India’s 6% equalisation levy on foreign online advertising platforms may impede its overseas trade and increase the risk of retaliation from countries where Indian companies are doing business, the US has cautioned. This is because its provisions do not provide credit for tax paid in other countries for the service provided in India, it said.

In its latest report on trade barriers, the US also marked a slew of issues in India’s digital trade including those proposed in the draft ecommerce<\/a> policy, such as data localisation requirements, restrictions on cross-border data flows, expanded grounds for forced transfer of intellectual property and proprietary source code, and preferential treatment for domestic digital products. Washington<\/a> said it “strongly encourages India to reconsider this draft policy”.

On the equalisation levy, or the so-called ‘
Google tax<\/a>’, it said the current structure of the tax represented a shift from internationally accepted principles, which provided that digital taxation<\/a> mechanisms should be developed on a multilateral basis to prevent double taxation.

'Tariff Too High’<\/strong>
The equalisation levy was first imposed in 2016 to tax companies such as
Google<\/a>, Facebook<\/a> and Netflix<\/a> on their online advertising. This year, India expanded its scope to all overseas ecommerce transactions originating from India.

On the issue of India’s foreign direct investment (
FDI<\/a>) rules in ecommerce, the US said the only exceptions for FDI in inventory based ecommerce were for food product retailing and singlebrand retailers that met certain conditions. This “narrow exception limits the ability of many electronic commerce service suppliers to serve the Indian market”, it said.

India permits 100% FDI in business-to-business or market place based ecommerce, but prohibits foreign investment in business-to consumer or inventory-based online trade.

New Delhi and Washington have been negotiating a trade deal for more than a year with ministers and officials of both countries discussing the issues at various domestic and global fora.

In the April-January period of 2019-20, India’s exports to the US were $44.7 billion, while imports were $30.5 billion. In the previous fiscal year ended March 2019, India’s trade surplus with the US had reduced to $16.8 billion from $21.2 billion in 2017-18.

Make In India<\/a>, Goods Trade<\/strong>
The US said it had actively sought bilateral and multilateral opportunities to increase access to India’s market, but American exporters continued to encounter significant tariff and non-tariff barriers that impeded imports of US products into India, especially dairy, poultry and highly specialised equipment.

It said India imposed “onerous requirements” on dairy imports and insisted that they be derived from animals that had never consumed any feeds containing internal organs, blood meal, or tissues of ruminant origin, based on religious and cultural grounds.

To address these concerns, Washington, in 2015 and 2018, proposed labelling the products with details of their origin so that the consumer could make a choice, but India rejected it, as per the report.

The US said it continued to press India to provide access to the dairy market and is also monitoring market access issues related to poultry, such as “unnecessary” testing requirements.
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“谷歌税”可以画报复,美国警告印度

在平衡税,或所谓的“谷歌税”,它表示当前的税收结构代表了从国际公认的原则,提供数字税收机制应在多边基础上开发的避免双重征税。

Kirtika Suneja
  • 更新于2020年4月28日08:08点坚持
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新德里:印度对外国网络广告平台的平衡征收6%可能阻碍其海外贸易和增加报复的风险从印度公司做生意的国家,美国警告说。这是因为其税收规定不提供信用支付的其他国家提供的服务在印度,它说。

在贸易壁垒的最新报告,美国也标志着一系列问题在印度贸易包括那些在草案提出的数字电子商务政策,比如数据本地化需求,对跨境数据流动的限制,扩大理由强制转让知识产权和专有源代码,国内数码产品和优惠待遇。华盛顿说它“强烈鼓励印度重新考虑这一政策草案”。

广告
在平衡税,或所谓的“谷歌税”,它表示当前的税收结构代表了从国际公认的原则,提供了这一数字税收机制应该在多边基础上开发以避免双重征税。

的关税太高了
平衡税在2016年首次实行税收等公司谷歌,脸谱网网飞公司在线广告。今年,印度扩大范围所有海外电子商务交易来自印度。

在这个问题上印度的外国直接投资(外国直接投资)在电子商务规则,美国表示唯一的例外基于FDI在库存电子商务是食品零售和singlebrand零售商符合某些条件。这“狭义例外限制了许多电子商务服务供应商的服务能力,印度市场”,它说。

印度允许100%的外国直接投资在b2b或市场为基础的电子商务,但禁止外国投资经营的业务)消费者或inventory-based网上贸易。

新德里和华盛顿贸易协议谈判了一年多与两个国家的部长和官员们讨论这个问题在不同的国内和全球论坛。

April-January 2019 - 20的时期,印度对美国的出口为447亿美元,进口额为305亿美元。在截至2019年3月的上一财政年度,印度与美国的贸易顺差从212亿年的2017美元减少到168亿美元——18岁。

广告
在印度、货物贸易
美国表示,它已积极寻求双边和多边的机会增加进入印度市场,但美国出口商继续遇到重大的关税和非关税壁垒,阻碍了从美国进口的产品到印度,特别是乳制品,家禽和高度专业化的设备。

它说,印度对进口乳制品“繁重的要求”,并坚称,他们从来没有使用任何来自动物饲料含有内部器官,血粉,或组织的反刍动物起源、宗教和文化依据。

为了解决这些问题,华盛顿在2015年和2018年,提出了标签的产品细节其起源,这样消费者可以做出选择,但是印度拒绝它,按照报告。

美国说,它继续敦促印度提供乳制品市场准入和家禽也监控市场准入问题相关,如“不必要的”测试的要求。

  • 发布于2020年4月28日08:06点坚持
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New Delhi: India’s 6% equalisation levy on foreign online advertising platforms may impede its overseas trade and increase the risk of retaliation from countries where Indian companies are doing business, the US has cautioned. This is because its provisions do not provide credit for tax paid in other countries for the service provided in India, it said.

In its latest report on trade barriers, the US also marked a slew of issues in India’s digital trade including those proposed in the draft ecommerce<\/a> policy, such as data localisation requirements, restrictions on cross-border data flows, expanded grounds for forced transfer of intellectual property and proprietary source code, and preferential treatment for domestic digital products. Washington<\/a> said it “strongly encourages India to reconsider this draft policy”.

On the equalisation levy, or the so-called ‘
Google tax<\/a>’, it said the current structure of the tax represented a shift from internationally accepted principles, which provided that digital taxation<\/a> mechanisms should be developed on a multilateral basis to prevent double taxation.

'Tariff Too High’<\/strong>
The equalisation levy was first imposed in 2016 to tax companies such as
Google<\/a>, Facebook<\/a> and Netflix<\/a> on their online advertising. This year, India expanded its scope to all overseas ecommerce transactions originating from India.

On the issue of India’s foreign direct investment (
FDI<\/a>) rules in ecommerce, the US said the only exceptions for FDI in inventory based ecommerce were for food product retailing and singlebrand retailers that met certain conditions. This “narrow exception limits the ability of many electronic commerce service suppliers to serve the Indian market”, it said.

India permits 100% FDI in business-to-business or market place based ecommerce, but prohibits foreign investment in business-to consumer or inventory-based online trade.

New Delhi and Washington have been negotiating a trade deal for more than a year with ministers and officials of both countries discussing the issues at various domestic and global fora.

In the April-January period of 2019-20, India’s exports to the US were $44.7 billion, while imports were $30.5 billion. In the previous fiscal year ended March 2019, India’s trade surplus with the US had reduced to $16.8 billion from $21.2 billion in 2017-18.

Make In India<\/a>, Goods Trade<\/strong>
The US said it had actively sought bilateral and multilateral opportunities to increase access to India’s market, but American exporters continued to encounter significant tariff and non-tariff barriers that impeded imports of US products into India, especially dairy, poultry and highly specialised equipment.

It said India imposed “onerous requirements” on dairy imports and insisted that they be derived from animals that had never consumed any feeds containing internal organs, blood meal, or tissues of ruminant origin, based on religious and cultural grounds.

To address these concerns, Washington, in 2015 and 2018, proposed labelling the products with details of their origin so that the consumer could make a choice, but India rejected it, as per the report.

The US said it continued to press India to provide access to the dairy market and is also monitoring market access issues related to poultry, such as “unnecessary” testing requirements.
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