Hello there
I am from India, I am doing fb ads, and facebook showing their address on billing invoice as a Ireland Head quarter.
there is 0% VAT for india according to fb ads invoice. But my question is ,Should indian need to deduct TDS for all the amount which is spent on facebook ads ?
According to my CA advice : Due to Indian Taxation Law, for Europian Union countries, we need to deduct TDS for all the amount which is spent for fb ads ( Business service / contract / etc i do not know on which catagory fb ads should be kept ), I had spent nearly 50k USD. and my CA asking me to deduct TDS 10 to 20% of that 50k amount which is really shit.
Making me frustrated, I am afraid to invest money in digital market now due to this shit laws. If any indian doing facebook ads with really huge budget per year than please advice me better solution for this.. My CA can be dumb he may be do not know how to manage this type of digital world so i need expert advice from any indian guy who can show me correct path.
what ever we spent of fb ads is our expense so we should get exemption on tax for that. if india force us to fall in such shit TDS law than it will ruin out all ROI.
Please guide me
thank you
Most Indians usually run their operations through Mauritius or Dubai ...
Not a perfact solution or answer...
I heard many guys doing from India.