Haier

Google, Netflix, Adobe pay up 2 per cent additional equalisation levy

The government had imposed a 2% tax in the budget for FY21 on the sale of goods or delivery of services through a non-resident e-commerce operator. The first instalment of the levy became due on July 7 for the April-June quarter.

Google has paid the 2% additional equalisation levy on digital transactions after holding it back initially. Netflix and Adobe have also paid up. This is expected to put pressure on the others such as Facebook, LinkedIn, Ebay and Uber that haven’t paid the levy, citing lack of clarity.-

The Free Press Journal

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