Featured

Transfer Pricing and Intangibles – Value Analysis

Intangibles constitute a substantial and major portion of transfer pricing issues on hand. They are extremely crucial in a Multinational (MNE) environment, however, their importance is often undermined to their inherent characteristics which may include easy mobility, misidentification and most importantly non-availability of set principles to assign values to such intellectual properties. Supply Chain and […]

Read More Transfer Pricing and Intangibles – Value Analysis
Featured

Draft amendments in INDIAN Permanent Establishment rules – equitable or abstract?

Background India has touched upon the taxability of profits of Permanent Establishment (‘PE’) in its international tax treaties under ‘Article 7’. Currently, profits of PE are determined based on its books of accounts considering it as a separate and distinct entity or in case of non-preparation of the same, apportionment is to be done on […]

Read More Draft amendments in INDIAN Permanent Establishment rules – equitable or abstract?
Featured

What is Global Transfer Pricing?

Transfer Pricing as a subject means undertaking global international transactions between the related parties (we call it associated enterprises), at a value which is as per the market conditions (Arm’s Length Price), so that the profit allocations between the countries is fair and appropriate. Due to the close relationships, there could be certain influences on […]

Read More What is Global Transfer Pricing?
Featured

The Story of Interim Budget – 2019

  Snapshot of India’s development path The years gone by: With the reforms and positive changes brought about by the current Government, it is truly a golden age for the Indian economy. Ushering in stability in the nation, transformation in all sectors, cleanliness in pecuniary terms by demonetization as well as in literal terms through […]

Read More The Story of Interim Budget – 2019
Featured

Transfer Pricing – Gliding through the Fundamentals

What is ‘Transfer Pricing’? ‘Transfer Pricing’ is an art and science of determining the value of transactions that take place between entities of the same multi-national group. It involves the consideration of economic factors to perfectly balance a corporation’s and tax authority’s interest in terms of profitability and taxation. Why ‘Transfer Pricing’ in ‘Taxes’? Earlier, […]

Read More Transfer Pricing – Gliding through the Fundamentals
Featured

Build an effective career in Taxes

Till today, I have tried to give my views on the technical side of taxation and hope you have enjoyed. This time, I thought, it is important that the students of commerce, accountancy, finance, law and management understand what the studies in taxation have to offer to them that could give the young minds a […]

Read More Build an effective career in Taxes
Featured

Top 5 Best Taxation Practices

I have often seen many multinational organizations quoting the increase in top-line figures as an important indicator of growth for a company. Often the management forgets to focus on the bottom line (profits) and something that is below the bottom line (i.e.taxes). While you as an organization is growing at a fantastic pace in terms […]

Read More Top 5 Best Taxation Practices
Featured

Is it compulsory for my foreign company to file Income tax returns in India…

Taxes are one of the funniest parts of serious business. They are sometimes uncertain, interpretative, dynamic or beneficial to a taxpayer (many more adjectives or attributes could be used). One tax and many forms, often make taxes as one of the complex subjects to understand. Even Albert Einstein laid down his arms before taxes and […]

Read More Is it compulsory for my foreign company to file Income tax returns in India…
Featured

Intra-group service payments – Tax Risk Mitigation approach vs. Tax Litigation approach

In the globalised world, every multinational enterprise (MNE) would like to work on their strengths to enable efficient and successful supply chain management. In the current scenario, business is not only provision of goods and services to the ultimate external customer, but also provision of such goods and services to the internal customer. In a […]

Read More Intra-group service payments – Tax Risk Mitigation approach vs. Tax Litigation approach
Featured

“In the Business of Making Loss” with special reference to taxation of the Flipkart deal

  The energetic rise of multi-national e-commerce businesses:  With the advent of internet a few decades ago, the online marketplace has gained an impetus in recent years, thereby revolutionizing the B2B, B2C and C2C transactions. As a consequence, the hassles of physical limitations, investment of time and boundaries among the nations have been eliminated. Such […]

Read More “In the Business of Making Loss” with special reference to taxation of the Flipkart deal