Tuesday, September 29, 2020
No need for payment gateways to deduct tax if e-tailer does it
Earlier, industry stakeholders had said that tax was being deducted twice — once on e-commerce operators who are facilitating sale of goods or services or both, and once on payment gateways which also happen to qualify as e-commerce operators for facilitating the service. https://ift.tt/30mnVzH 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;...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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