🧾 What is BEPS? BEPS stands for Base Erosion and Profit Shifting. It refers to tax planning strategies used by multinational companies to shift profits from high-tax countries to low-tax or no-tax countries. ➡️ The goal? Reduce total tax paid — even if they earn profits in multiple countries. 🏢 How Do Companies Shift Profits? […]
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💻 What Is E-Commerce? E-commerce means buying and selling goods or services online, using websites, apps, or digital platforms. It includes: 🧾 Why E-Commerce Needs Taxation E-commerce companies make huge profits, often from international users.Governments need to tax these profits to: 📜 How India Taxes E-Commerce India introduced specific laws to bring e-commerce under the
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📘 What Are Cryptocurrencies? Cryptocurrencies are digital currencies that use blockchain technology to record and verify transactions.Examples include Bitcoin, Ethereum, Dogecoin, and Solana. They work without a central authority (like a bank or government) and are often traded across borders. 🌐 Why Governments Want to Tax Crypto Although cryptocurrencies are digital, they create real profits
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📘 What is Transfer Pricing? When a multinational company (MNC) operates in more than one country, it often sells goods, services, or intellectual property between its own branches (called related entities).The price charged in these internal transactions is called Transfer Price. 👉 The system of deciding that price is called Transfer Pricing. 🧾 Why is
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📘 Introduction: Why Do Countries Want a Global Minimum Tax? Big multinational companies (like Apple, Google, and Amazon) often shift their profits to countries where tax rates are very low — called tax havens. To stop this, countries around the world decided to introduce a Global Minimum Corporate Tax. Let’s understand what this means, why
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📘 Introduction: Why Digital Companies Pay Special Tax Imagine you’re using Google, Amazon, Netflix, or Facebook daily. These companies earn money from you — even if they don’t have an office in your country! But how will your government collect tax from them?That’s where Digital Services Tax (DST) comes in. Let’s understand this important concept
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📝 Introduction In a globalized world, students, professionals, and businesses frequently earn income from foreign countries. But this often leads to double taxation — a situation where the same income is taxed in two countries. To avoid this burden, countries sign treaties called Double Taxation Avoidance Agreements (DTAA). This blog is written in a simple
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Introduction In today’s interconnected global economy, understanding international taxation has become essential for commerce and finance students. Whether you’re pursuing B.Com, M.Com (International Taxation), MBA, or preparing for UGC NET/SET in Commerce, this guide provides a student-friendly explanation of key international tax concepts, laws, and real-world applications. Table of Contents 1. What is International Taxation?
Keywords: international taxation explained, tax residency rules, double taxation relief, source principle tax, student guide to international tax, tax neutrality, global tax principles In today’s interconnected world, people and businesses often earn income across different countries. But when it’s time to pay taxes, the big question is—which country gets to collect tax on that income?
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