The 'Google tax' could soon ensnare the likes of IBM, Microsoft, Amazon Web Services, Apple and Netflix, which provide online services in India. Cloud computing companies and content providers with customers in the country may be needed to pay equalisation levy on their revenue from the next financial year as the government expands the scope of a tax levied on the advertising income of multinational Internet firms, people familiar with the matter said. If the change is made in the Budget scheduled for February 1, the tax could be applicable from the financial year starting April 1, 2017, with likely repercussions on customers of cloudbased services and online entertainment such as streaming video and audio.
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