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.

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Joseph Stanley-Smith

Editor ITR

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.

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