Explained: How to tax tech giants profiting from ‘away’ | Explained News, The Indian Express

Explained: How to tax tech giants profiting from ‘away’ | Explained News, The Indian Express

Explained: How to tax tech giants profiting from ‘away’

In essence, the proposal, called “Unified Approach”, is to shift the standard of taxation from physical presence to sales in a particular market. That is, the companies will have to pay more taxes in the markets in which they sell more.