Important case laws Denmark Supreme Court Ruling -Transfer Pricing-Royalty Payment The dispute arose from a joint Scandinavian transfer pricing tax audit involving the Norwegian, Swedish, and Danish tax authorities. Royalty payments of USD 12.6 million made in 2006-2009 by… July 6, 2020 By admin 0
Articles US To investigate DST in 9 Countries The Office of the US Trade Representative (USTR) today announced that it has initiated an investigation into digital services taxes proposed or adopted in Austria, Brazil, the Czech Republic,… June 6, 2020 By admin 0
Amendments India widens Equalisation Levy base Effective 1st April 2020 India Widens its base of Equalisation Levy (2% on e commerce supply) In 2016, India had first introduced an equalisation levy on payments received by non-residents (subject to certain… April 24, 2020 By admin 1
Basics Thin Capitalisation What is a thin capitalisation? A company is typically financed (or capitalized) through a mixture of debt and equity. Thin capitalization refers to the situation in which a company… February 28, 2020 By admin 0
Amendments OECD Guidelines on C By C reporting The OECD on December 23 released additional interpretative guidance on country-by-country reporting. The guidance was approved by a coalition of 130+ countries known as the “Inclusive Framework on BEPS.”… January 24, 2020 By admin 1
Amendments Turkey Comes up with 7.5% Digital Service Tax With every country’s tax authorities trying to catch up with modern ways of doing business, the latest is Turkey government who is going to enact 7.5% service tax on… December 24, 2019 By admin 0
