McDonald’s has agreed to pay €1.25 billion in Fines and Taxes in France
Mc Donald’s has agreed to pay Euro 1.25 billion in fines (Euro 508 million) and tax settlement ( Euro 737 million) to avoid legal cases over tax evasion, and tax avoidance between 2009 and 2020. Investigators had since 2014 been probing whether fees paid by McDonald’s French operation to its European parent company in Luxembourg for use […]
Employee Stock Options – ESOP | The next big thing under the Income-tax scrutiny
The article summarises how the Indian tax authorities are questioning no withholding taxes on ESOP cost
Transfer Pricing is misunderstood – A perspective
Tax TransParency report provides overall visibility on the tax strategies and contribution made by the multinational to the global as well as country economy.
Tax Transparency Report
Tax TransParency report provides overall visibility on the tax strategies and contribution made by the multinational to the global as well as country economy.
India Union Budget | 2022-23
A Booster shot towards a $ 5 trillion economy
European Union Project on Transfer pricing
TransPrice is proud to support Quantera Global in streamlining the Transfer Pricing Advance Pricing Agreement (APA) processes of Poland and Slovakia. This project is funded by the European Union via the Technical Support Instrument in cooperation with the European Commission/European Commission’s Directorate-General for Reform Support (DG REFORM). The general objective of the project is to contribute […]
Microsoft saves USD 620 million in taxes due to the Indian Supreme Court ruling.
In its annual report for 2021, Microsoft reported that the tax rate for Microsoft has reduced from 17% to 14%. Such a reduction is mainly due to the Indian Supreme Court decision. The decision covered withholding taxes on software payments. Multinational Transfer Pricing Advance Pricing Agreement between India and USA was the other reason, where […]
Slump Sale – New Tax Rules – Simplified with example
The Indian tax authorities have strengthened the rules around slump sale transaction
An incentive to AIF – GIFT IFSC
Indian government incentivises AIFs to set up under automatic route in GIFT city and overseas.
Significant Economic presence Test – India Update
By Mit Gaglani – Sr. Manager – TransPrice The CBDT vide notification number 41 /2021/ F. No. 370142/11/2018-TPL issued on 3rd May, 2021 has announced the thresholds for the purposes of Significant Economic Presence (“SEP”) by inserting Rule 11UD in the Income-tax Rules, 1962. The revenue threshold is INR 2 crore and the user threshold […]