GOOGLE TAX MOP-UP DROPS 30%


Donaldcastillo

Uploaded on Oct 5, 2020

PPT on GOOGLE TAX MOP-UP DROPS 30%

Comments

                     

GOOGLE TAX MOP-UP DROPS 30%

GOOGLE TAX MOP-UP DROPS 30% INTRODUCTION  Google said all apps that sell digital goods within Play Store have to use its billing system, which allows the tech giant to collect a percentage of in-app purchases as a fee. Source: www.business- standard.com/ ANTI-COMPETITIVE POLICIES  Google's clarification comes as the firm faces accusations of having anti- competitive policies worldwide, most recently by Fortnite-maker Epic Games, which has sued the firm after being banned from the Play Store. Source: www.business- standard.com/ PAYTM ROW  Paytm last week slammed the tech giant’s policies after its app, too, was delisted from the app store. Source: The Indian Express CLEAR POLICY  Google want to be sure that it’s policies are clear and up to date so it can be applied consistently and fairly to all developers. Source: BGR India POLICY NOT NEW  The tech giant clarified that this policy is not new and Google Play billing has always taken a 30 per cent commission on these transactions.  This will only apply to less than 3 per cent of developers with apps on Play Store, as 97 per cent are already using Google Play billing. Source: www.business- standard.com/ NON-COMPLIANT APPS  Non-compliant apps that may require technical work to integrate the billing system have been given a year (until September 30, 2021) to complete any needed updates. Source: Business Today WHO DON’T NEED BILLING SYSTEM?  Google Play’s billing system is not required for apps that sell physical goods, for example, ride-hailing services, or apps that don’t require any transactions. Source: Forbes NEW APPS  For new apps submitted to the Play Store, this policy comes into effect from January 20, 2021.  It includes categories such as fitness, game, dating, education, music, video, and other content subscription services. Source: Moneycontrol CONSUMER SPENDING  Consumer spending on apps and games created by Indian developers doubled year to date, compared to the corresponding period last year. Source: Deccan Herald INDIAN DEVELOPERS  Indian developers also saw growth of more than 80 per cent in consumer spending from users outside of India, compared to the corresponding period last year. Source: NDTV Gadgets