FORM 3СЕВ KEY POINTS TO REMEMBER!
Here are some key points about Form 3CEB: Applicability: Form 3CEB is required to be filed by any person who has entered into an international transaction or specified domestic transaction during the financial year. It is applicable to both Indian entities and foreign entities earning income from India. Filing Deadline: The due date for filing […]
Angel Tax update – More ways to now compute your co’s fair share value
cvThe Finance Act of 2023 brought an essential amendment to the story of angel tax to bring in the consideration received from the non-resident under the purview of angel taxes. Such an amendment in the Indian tax law would impact how multinationals would function, mainly the subsidiaries and JV entities in India. The start-up ecosystem […]
Transfer Pricing For Research And Development (R&D) Activities
In the modern global economy, Research and Development (R&D) activities play a pivotal role in driving innovation, technological advancement, and business growth. As multinational corporations increasingly engage in R&D across international borders, the complexities of transfer pricing come into sharp focus. This blog explores the intricacies of transfer pricing for R&D activities, examining the challenges, […]
Transfer Pricing And Regional Trading Blocs: ASEAN, EU, NAFTA
In a world characterized by globalization and interconnected economies, regional trading blocs have emerged as significant drivers of economic integration and cooperation. These blocs, such as the Association of Southeast Asian Nations (ASEAN), the European Union (EU), and the North American Free Trade Agreement (NAFTA), have far-reaching implications not only for trade but also for […]
Transfer Pricing And The Digital Services Tax (DST) Landscape
The advent of the digital age has revolutionized business operations, giving rise to new challenges and opportunities in the realm of taxation. As digital services transcend national borders, traditional tax frameworks have struggled to keep pace with the complexities of this evolving landscape. The result has been the emergence of new taxation mechanisms, including the […]
The Role Of Transfer Pricing In Sustainable Development Goals (SDGS)
In an era defined by global interconnectedness and economic integration, the concept of sustainable development has gained unprecedented prominence. The United Nations’ Sustainable Development Goals (SDGs), a set of 17 interlinked global objectives, provide a blueprint for achieving a better and more sustainable future for all. Within this context, transfer pricing—a practice often associated with […]
The Evolution Of Transfer Pricing Regulations: A Historical Overview
Transfer pricing, the practice of determining the prices at which transactions between related entities occur within multinational corporations, has been a subject of significant interest and concern for governments, tax authorities, and businesses around the world. This practice holds the potential for shifting profits and tax liabilities across borders, leading to tax base erosion and […]
POEM (Place of Effective Management) and its Relevance under UAE’s Corporate Tax Law
An Income tax regulation revolves around two main concepts, one is the person who should be taxable (residency test), and the other is the income that should be taxable (source test). For a country to exercise a taxing right either one of the concepts as mentioned above should be fulfilled. A Place of Effective Management […]
Transfer Pricing and Supply Chain Management: Optimizing Global Operations
Welcome to our blog where we delve into the fascinating world of transfer pricing and supply chain management, two interconnected concepts that play a crucial role in optimizing global operations for multinational corporations. In today’s ever-evolving business landscape, companies are constantly seeking ways to streamline their operations, enhance profitability, and maintain a competitive edge. Understanding […]
Transfer Pricing Risk Assessment: Identifying And Addressing Potential Issues
Welcome to our blog on “Transfer Pricing Risk Assessment: Identifying and Addressing Potential Issues.” In today’s globalized business landscape, multinational companies (MNCs) face increasing scrutiny from tax authorities regarding their transfer pricing practices. Transfer pricing, which determines the allocation of profits, costs, and risks among related entities within MNCs, has become a focal point in […]