Sunday , August 19, 2018 |   23:10:52 IST
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI
About Us Contact Us Instant Updates Newsletters
 
NEWS FLASH
 
TP - Donations & provision for bad debts cannot be considered as operating item while computing PLI, without showing any nexus between them: ITAT (See 'Breaking News') I-T - Writ remedy sought for deciding jurisdiction of SCN cannot be denied per se owing to availability of alternate remedy: HC (See 'Breaking News') I-T - Indian insurance companies are liable to withhold tax at source before remitting Insurance premium to foreign re-insurance companies: ITAT (See 'Breaking News') TP - Mark up should be considered based on average speed over LIBOR charged in France rather than entire European region, for determining ALP of advances made to French company: HC (See 'Breaking News') TP - Merchant bankers being functionally dissimilar to non-binding insurance advisory service providers, cannot be compared for purposes of benchmarking: ITAT (See 'Breaking News') TP - Pure software developers are not comparables to ITES providers being of different functional profile: ITAT (See 'Breaking News') DTAA - AMC services provided post completion of installation activities at site of Indian customer do not constitute 'Installation PE' in india: ITAT (See 'Breaking News') DTAA - Tax Residency Certificate constitutes sufficient evidence for accepting status of residence as well as beneficial ownership when applying provisions of Tax Treaty: ITAT (See 'Breaking News') I-T - Treaty provisions, where beneficial to taxpayers, will override provisions of Section 206AA, upon failure of non-resident recipient to furnish PAN: ITAT (See 'Breaking News') TP - Companies engaged in diversified activities can be adopted as comparables provided their segmental results are available for verification: ITAT (See 'Breaking News') TP - Export incentives should be considered as part of turnover when working out gross profit margin in case of international transaction of exporting finished goods to AEs: ITAT (See 'Breaking News') TP - Where loan for which corporate guarantee is extended to foreign AE, is availed in local currency of its residence, then local interest rate is applicable for ALP purposes: ITAT (See 'Breaking News') GST - Credit conundrums - Overlooking them is no solution! (See 'Cob(Web)' in 'TIOL') TP - TPO cannot determine ALP on estimation basis by entertaining doubts regarding business expediency of payments for making disallowance u/s 37(1): ITAT (See 'Breaking News') TP - Closely linked transactions cannot be segregated for purpose of determining arm's length price: ITAT (See 'Breaking News') TP - Entities having huge brand image & substantial intangibles cannot be compared to captive service providers more so without segmental information: ITAT (See 'Breaking News') TP - Companies engaged in software products are not good comparables to captive software developers being functionally dissimilar: ITAT (See 'Breaking News')
 
TII SEARCH
 
 
   
Home >> News Brief
 

Sales tax on Online Retailers - US Supreme Court to revisit 1992 ruling
By TII News Service
Jan 16, 2018 , Washington

    

 

THE Supreme Court of the USA is reported to have agreed to revisit its 26-yr-old decision relating to the levy of sales tax on online sales. It was the historic South Dakota case in 1992 when it had ruled out the imposition of tax on online retailers.

With several States raising the din over a revisit of the old order as e-commerce has ballooned into several trillion dollar business, the Apex Court has agreed to revisit its ruling. And the assessee involved in this case was a mail order company. And the ruling was that the tax was to be collected only where the company had its physical presence (principle of PE was applied).

Certain studies which are being reported are that if the States and local governments would have been allowed to tax e-commerce, they would have collected more USD 13 bn more in 2017 alone. Five States in the USA levy sales tax on online retailers and a reversal of the old ruling may impact large players like Amazon.

 

 
 
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI TII
  • DTAAs
  • TIEAs
  • Circulars
  • Circulars (I-T Act, 1922)
  • Instructions
  • Notifications
  • Administrative Orders
  • DRP Panel
  • I-T Act, 1961
  • Relevant Portion of I-T Rules,1962
  • Relevant Portion of I-T Act,1922
  • GAAR
  • Equalisation Levy
  • Draft Guidelines
  • Committee Reports
  • FATCA
  • Intl-Taxation
  • Finance Acts
  • Manual on EoI
  • DTC Bill
  • UN Model
  • Miscellaneous
  • Guidance Notes - AEOI
  • OECD Conventions
  • Cost Inflation Index
  • Union Budget
  • Information Security Guidelines
  • Draft Notifications
  • Circulars
  • Instructions
  • Notifications
  • Relevant Sections of Act
  • TP Rules
  • Forms
  • Miscellaneous
  • APA Annual Report
  • APA Rules
  • APA FAQ
  • UN Manual on TP
  • Safe Harbour Rules
  • US Transfer Pricing
  • FEMA Act
  • Exchange Manual
  • Fema Notifications
  • Master Circulars
  • Press Notes
  • Rules
  • RBI Circulars
  • FDI Circulars
  • Reports
  • FDI Approved
  • RBI Other Notifications
  • FIPB Review
  • Black Money Act
  • PMLA Notification
  • PMLA Instruction
  • PMLA Bill
  • FM Budget Speeches
  • SEBI
  • Multimodal Transportation
  • Vienna Convention
  • NBFC Reports
  • EXIM Bank LoC
  • Manufacturing Policy
  • FTDR Act, 1992
  • Intellectual Property
  • White Paper on Black Money
  • Posting Policy
  • PMLA Cases
  • Transfer of Property
  • CBR Act, 1963
  • MCA Circular
  • Book Review
  • Limitation Act
  • SSAs
  • EPFO
  • Dx666
  • Acts
  • Rules
  • Guidelines
  • Tourist Visa
  • Notifcations
  • Types of Visa
  • Agreements
  • Arbitration
  • Model Text
  • Relevant Portion of I-T Act
  • Circulars
  • I-T Rules, 1962
  • MISC
  • Notification
  • About Us
  • Contact Us
  •  
     
    A Taxindiaonline Website. Copyright © 2010-2018 Taxindiainternational.com Pvt.Ltd. All rights reserved.