Is there any Tax on Internet Companies?

[kumars]

Are Internet Companies (.com) taxed? Any business attracts various types of taxes, like Income Tax, Sales Tax, Excise Duty, VAT etc etc..

What about Internet Companies? Any idea?

 

[kumarmohit]

Yes they are.

 

[Akshay]

Tax on Income of Internet companies depends on d location n country of operation of the company. In India, income of IT companies is taxable (exemption is thr for exports)

 

[ahref]

It depends on wht type of business, you are doing. There is no special rule for internet companies. If you are selling any service, you will have to pay service tax, if you are in the range. Similarly your income generated through internet business will attract income tax.

 

[kumars]

And what about income earned through ads? How is it taxed? Anyone has any official document or details about taxation on .com businesses?