The 2047 Gamble: Why Big Tech Found a New Tax Haven
While the world taxes Big Tech, India just handed them a 21-year tax-free lease. The catch? A boring regulatory loophole that changes everything.
Governments everywhere are sharpening their knives to carve out a piece of Big Tech’s revenue. India just did the opposite. The 2026 Union Budget doesn't just lower the gate; it removes the fence entirely.The provision is buried in the finance bill. It offers a 100% tax holiday to foreign cloud companies.