![]() As a registered company in India, GIPL is subject to various taxes, such as income tax, goods and services tax (GST), withholding tax (TDS), and equalisation levy, according to a study. GIPL provides various services to Indian customers, such as Google Workspace, Google Ads, Google Play, YouTube Premium, and more. In India, Google is registered as a full company under the name Google India Private Limited (GIPL) as a subsidiary of Google International LLC, the US-based entity. Is there an opportunity to tax these companies?Ī bare basic comparison with India reveals much. Even without having local offices, the question of taxing these companies on payments sent from Pakistan falls apart because of some bilateral treaties. It becomes a double edged sword – their presence not only widens trade deficit but also the current account deficit in a country indebted to the IMF and other lenders.Īs far as taxation goes, these companies do not have full-fledged offices in Pakistan and cannot be taxed as local companies in Pakistan get taxed, all the while turning revenues from Pakistan via payments made to these companies by businesses and people using their services in the country. On the other hand, these companies have not invested much in Pakistan and are alleged to not pay their fair share of taxes like they do in other countries. Why? Because tech investment and tech remittances into Pakistan have dropped to their lowest since the ouster of Imran Khan, but some of the bigger tech companies – Google, Meta and ByteDance, which have millions of users in Pakistan – are receiving their share of dollar outflows from Pakistan. There were so many more great insights from my conversation with Adam.Does big tech pay its fair share of taxes in Pakistan? This is perhaps the most relevant question for Pakistan’s tech scene right now. Who are the early adopters with the clearest pain points? Start there (and only there) and expand later. Persistence pays off - stay focused on your mission. Figure out who your ideal users are and target them. ![]() An MVP can come later - validate the market need first. They built a simple website to gauge interest from both sides first. Don't rush into building - carefully vet your concept first. Here are 5 key lessons Adam shared on how he overcame those challenges: He learned the hard way that trying to appeal to everyone grabs no one's attention. But when starting out, Adam faced huge challenges launching a horizontal product. If this sounds familiar, you’ll want to hear my recent podcast interview with Adam Nathan, founder and CEO of Almanac.Īlmanac is a collaboration platform for remote teams that's grown to a 7-figure ARR SaaS. Do you struggle to market your SaaS because it could work for anyone? Has trying to appeal to every possible customer diluted your messaging?
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