AFTI Official Quote on New Levy from India

India recently imposed a new levy on foreign billings, or transactions where companies take payment abroad for digital services provided in India. Roger Murry of the Alliance for Fair Trade with India (AFTI) was quoted in Reuters on the new tax.

The new levy came out of nowhere … It will disrupt India’s trade relations perhaps in ways the drafters of the levy did not anticipate,” said Roger Murry of the Alliance for Fair Trade with India, a group of U.S. trade associations.