Tuesday, July 30, 2019

Indian govt is finalising a framework to tax big tech firms

Revenue threshold of Rs 20 cr and a limit of 500,000 users may be set for a non-resident technology firm to pay tax on profits earned locally https://ift.tt/2MtjmO6 https://ift.tt/eA8V8J

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...