Microsoft-TikTok deal unlikely to be taxed in India, according to officials
Synopsis Although TikTok had a large subscriber base in India, pegged at 200 million, the value of the business is much below the threshold. The bulk of TikTok’s value is derived from its operations in the US. TikTok was recently valued at $30-50 billion, according to reports. New Delhi: Any acquisition by Microsoft of TikTok … Read more