BILATERAL TAX TREATIES
India plans new law to protect foreign investment: Sources
India plans to attract more capital from overseas to boost stuttering domestic growth by this move.
Foreign investors unsure on tax exemption for hybrid papers
Several foreign investors had subscribed to Compulsory Convertible Preference Sha...
India, Switzerland ink pact on sharing financial information
India has entered into an agreement with Switzerland under which the latter has ...
View: Tax regime globally, as well as in India, is heading for some significant changes
The role of tax havens where servers can be located makes the task of a tax authority even more difficult. The debate on where MNCs should be taxed has grown interesting.
Indian startups seek parity on permanent establishment rules
Many countries have been questioning the manner in which global firms such as Facebook and Google operate and pay taxes.
India retains flexibility to have more provisions in its bilateral tax treaties to address tax concerns
It has deposited its list of reservations and notifications as per the country positions released by the OECD. India proposes to impose the MLI on October 1, 2019.
Digital companies scramble to save on tax as India tightens data laws
The fear for companies such as Google, Facebook, Netflix, Amazon and LinkedIn is that if the servers sit in India, it would be seen as a PE and will attract higher tax. Some are also exploring another route for tax saving. They may consider creating a separate company that would own servers and the main entity would only pay “rent” for using it.
Intense focus on 'round-tripping': RBI, ED scrutiny raises spectre of harassment
Experts say most investments genuine as amended tax pacts and new rules have plugged loopholes.
India approves multilateral instrument to curb tax treaty abuse
MLI will enable India to modify its tax treaties to curb revenue loss through treaty abuse or BEPS strategies where companies park their profits in low-tax jurisdictions.
Focused on improving Indo-Dutch trade relations: Sigrid Kaag, Netherlands Minister
Netherlands' minister for Foreign Trade and Development, Sigrid Kaag talks to ET about her country's plans for leveraging Indo-Dutch relations for the greater good and trade plans - including major partnerships in major cities of the subcontinent.
Finance Ministry declines to share Swiss bank accounts details of Indians citing confidentiality
"Information exchanged under such tax agreements is covered under confidentiality provisions of respective agreements. Thus, disclosure of tax related information and information sought/obtained from foreign governments is exempted under section 8 (1) (a) and 8 (1) (f) of the Right to Information (RTI) Act," FinMin said in response to an RTI application.
Cairn arbitration award may be protracted, not expected before 2019
"The formal hearings and submissions in respect of Cairn's claim under the UK-India Bilateral Investment Treaty concluded in 2018 and the arbitration panel is preparing its final award," the company said in its half-year results for 2019.
MNC Digital companies may face a minimum level of tax
Multinational technology and digital companies may have to cough up a minimum level of corporate tax. The OECD seeks to use financial accounts as a starting point for determining the tax base and provide guidance to MNCs.
MNC tax: Delays plague mutual agreement process
MAP agreements are not made public, but a case that had hit the headlines was that of Nokia, where significant tax demands of above Rs. 2,000 crore were made on the Indian company.
Real reason why Uber moved in: To simplify tax math
Earlier this month, Uber restructured and moved its entire India business – which partially operated from Netherlands under Uber BV – to the India-domiciled Uber India Systems. This is Uber’s first such restructuring since 2014.
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