Post by account_disabled on Feb 25, 2024 7:15:55 GMT
is a company that does not have a permanent representative on the territory of the country in which it sells its services. Electronic services are the provision of access to content via the Internet. Content means: photo, video, audio; texts, books, online magazines; access to applications, services, platforms on a paid basis; software, its updates and remote maintenance; providing advertising; any online games. Ukraine is an example to follow: about 60 countries have already introduced a similar tax, and another 10 are preparing. Our law is based on the experience of EU countries: non-residents who sell online services to residents in the amount of UAH 1 million or more. to register as a tax payer).
The percentage tax rate on Google varies between 5-27% in different countries. The most loyal rates are set in Taiwan, UAE and Bahrain. In Hungary, deductions to the budget are the highest - 27% (read morehere). Important: many countries that have imposed Business Owner Phone Numbers List a tax on Google do not have a threshold amount at which taxation begins. TechnoGigant must register as a tax payer after the first sale. This is how this law works in the EU, Great Britain, South Korea, Russia, Belarus, UAE, Bahrain, Australia and Albania. International IT corporations are reacting to the introduction of taxation with an expected increase in prices. For example, this year Great Britain additionally established a tax on electronic services (above VAT) of 2%.In response to thisApple, Amazon and Google have raised the cost of servicing corporate customers.
What is the "Google tax" and how does it work in other countries Read also : Ban revised: Google will allow advertising of crypto exchanges and wallets, but with conditions Tax on Google in Ukraine: adaptation of European experience Draft law No. 4184 adopted in Ukraine in many respects repeats the previous attempt to tax Internet giants made at the end of 2019 (№2634). In the documents, the comparative table and the explanatory note coincide word for word. However, there is a difference in the content of the project itself: Google will be taxed in the form of 20% VAT. The new edition clarifies that VAT will be paid by non-residents who do not have representative offices in Ukraine. The previous bill provided for an "advertising tax" (20%), which FOPs had to deduct to the treasury when purchasing advertising services from non-residents in addition to VAT. According to the previous version, it was not always clear who will pay the tax on Google - TechnoGigant, intermediaries or consumers of their services. Law No.
The percentage tax rate on Google varies between 5-27% in different countries. The most loyal rates are set in Taiwan, UAE and Bahrain. In Hungary, deductions to the budget are the highest - 27% (read morehere). Important: many countries that have imposed Business Owner Phone Numbers List a tax on Google do not have a threshold amount at which taxation begins. TechnoGigant must register as a tax payer after the first sale. This is how this law works in the EU, Great Britain, South Korea, Russia, Belarus, UAE, Bahrain, Australia and Albania. International IT corporations are reacting to the introduction of taxation with an expected increase in prices. For example, this year Great Britain additionally established a tax on electronic services (above VAT) of 2%.In response to thisApple, Amazon and Google have raised the cost of servicing corporate customers.
What is the "Google tax" and how does it work in other countries Read also : Ban revised: Google will allow advertising of crypto exchanges and wallets, but with conditions Tax on Google in Ukraine: adaptation of European experience Draft law No. 4184 adopted in Ukraine in many respects repeats the previous attempt to tax Internet giants made at the end of 2019 (№2634). In the documents, the comparative table and the explanatory note coincide word for word. However, there is a difference in the content of the project itself: Google will be taxed in the form of 20% VAT. The new edition clarifies that VAT will be paid by non-residents who do not have representative offices in Ukraine. The previous bill provided for an "advertising tax" (20%), which FOPs had to deduct to the treasury when purchasing advertising services from non-residents in addition to VAT. According to the previous version, it was not always clear who will pay the tax on Google - TechnoGigant, intermediaries or consumers of their services. Law No.