India plans to drop significant economic presence rule and equalisation levy

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

India plans to drop significant economic presence rule and equalisation levy

Joseph Stanley-Smith
February 08 2019
Akhilesh Ranjan on stage at ITR's India Tax Forum

India will abandon its significant economic presence (SEP) rule and drop the equalisation levy once OECD members come to an agreement on how to tax the digital economy, a leading government figure has said. But taxpayers want clarity on SEP thresholds now.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

NewsIsraelIndiaDirect TaxAsia-PacificMiddle East
stanley-smith-joseph-300x300.png
Joseph Stanley-Smith
Editor ITR
Contact
Joe manages ITR’s online and print coverage, and the publication’s events worldwide. He covers a range of tax issues affecting multinational corporations, particularly indirect tax matters and case studies.
more across site & shared bottom lb ros

More from across our site

Direct Tax
Base_of_two_pillars_at_Viborg_Katedralskole_320x215
A taxing week: Pillar two – noble idea, but flawed project so far
A lack of commitment from major jurisdictions and the associated compliance burden are obstacles facing the OECD initiative
Sam Sholli, August 15 2025
Direct Tax
Oslo, Norway - 24 September 2022: PricewaterhouseCoopers or PWC
This week in tax: Ex-PwC Australia partner banned over ‘false or misleading’ claims
Richard Gregg is no longer fit and proper to be a tax agent, said the TPB; in other news, MHA completed its acquisition of Baker Tilly South-East Europe
Sam Sholli, August 15 2025
Direct Tax
Hotel
India’s Hyatt ruling: significance of economic substance in permanent establishment
Recent Indian case law emphasises the importance of economic substance over mere legal form in evaluating tax implications, say authors from Khaitan & Co
Sanjay Sanghvi, August 14 2025
Transfer Pricing
A can and a glass of Pepsi
PepsiCo secures major Australia IP royalties case victory
PepsiCo was represented by PwC, while the ATO was advised by MinterEllison, an Australian-headquartered law firm
Sam Sholli, August 13 2025
Indirect Tax
Africa US trade
Trump tariff on South Africa leaves local companies in lurch
Three tax experts dissect the impact of a 30% tariff that has shaken up trade relations between South Africa and the US
Sam Sholli, August 13 2025
Awards
itr americas awards 2025 col@4x.png
ITR Americas Tax Awards 2025: shortlist announced
ITR is delighted to reveal all the shortlisted nominees for the 2025 Americas Tax Awards
John Harrison, August 12 2025
Direct Tax
India Mauritius
Scope of the residuary capital gains article in Indian tax treaties
As we move into an era of ‘substance over form’, determining the fundamental nature of a particular instrument is key when evaluating the tax implications of selling hybrid securities
Raghav Bajaj , August 12 2025
Direct Tax
Money large
Fieldfisher tax practice achieves double-digit revenue growth
It stands in stark contrast to a mere 1% increase in firmwide revenue since last year
Sam Sholli, August 11 2025
Direct Tax
London- HM Revenue and Customs building on Whitehall, UK Governm
UK tax agency must disclose AI involvement in R&D decisions
It follows a court case concerning a Freedom of Information request lodged by the founder of a software company
Sam Sholli, August 08 2025
Direct Tax
hmrc.jpg
A taxing week: HMRC’s tax evasion prosecution is better late than never
After years of deafening silence, the UK tax authority is taking overdue action against corporates that fail to prevent the facilitation of tax evasion
Tom Baker, August 08 2025
Gift this article