All GLG News Analyses Filed Under: Tax Issues

The Australian Tax Office is looking at deals through tax havens. They have some good leads.  It is not simply about Liechtenstein.  Their information is wider and deeper than that. Whether a transaction looks legitimate or not, if it was run through a low-tax jurisdiction it needs to be ...

More than USD 42 billion was invested by foreign government investors in Germany in 2007 and more than 2.2 million German employees work for companies owned by non-resident government and private funds. In regard to foreign investment funds, a German draft bill would allow the German government to prohibit...

Several India inbound investors use Mauritius entities as a planning vehicle.  The presumption is that a liability to capital gains tax in India will not arise on disposition, because the gains are taxable only in Mauritius.  

The Supreme Court in India has delivered several important decisions in the recent years.  The apex Courts interpretations have in my view been largely correct and very fair to the taxpayer.  I would go so far as saying that there has been a distinct and unspoken application of the Cape Brandy...

The article looks how the changing interpretation of laws in India can impact the business of multinational enterprises.

The article covers tax and regulatory aspects of doing business in India.  It is specific to the offshore drilling industry, but provides information which may be of use to others. 

FIN 48   has caused enough problems  ever since it  was  issued  some time back. The  requirement to disclose  the  more likely than not evaluation of  tax liabilities in the context  of  SFAS 109 caused major problems for companies. Last year ...

A  number  of  companies  from America  and  other  countries  are  engaging in M&A deals in India.The  Indian  Government  and  tax  authorities  have  decided  to  look  at  the  detailed ...

The Tribunal ruled that Rolls Royce Plc has a Permanent Establishment (PE) in India because of the existence of an Indian subsidiary which performed support services to Rolls Royce Plc.  The result is that India wishes to include 35% of Rolls Royce Plc's India sales as profit taxable in India. ...

In India the Authority for Advance Rulings (Authority) issues rulings on points of law and fact which play a role in determining the tax payers’ liability to tax with respect to a transaction or proposed transaction. The rulings are binding on the applicant and the income tax authorities. In a recent...