India looks to tax Netflix’s income in the country: Report
Image Credit: business standard
US-based major OTT (over-the-top) player Netflix might be at the crosshair of the Indian government. In a fresh development, the income tax authorities are seeking to tax Netflix Inc’s income from the country. According to a report by ET, in a draft order, the tax authorities have attributed about INR 55 Cr income to Netflix’s Indian PE (permanent establishment) for the assessment year 2021-22.