Social media profiles used as evidence of PE

ConstantinosInternational Tax0 Comments

New_Delhi_Temple

Recently, the Delhi Bench of the Income Tax Appellate Tribunal (the tribunal) in the case of GE Energy Parts Inc v ADIT (ITA No. 671/Del/2011) held that the LinkedIn profiles of the employees of the GE group submitted by the tax authorities were admissible as evidence in determining the existence of a PE in India. The tribunal’s view was that … Read More

New Cyprus-India Double Tax Treaty

ConstantinosCyprus tax, DTT's0 Comments

INDIA_1-600x356

Notification as a non-cooperative jurisdiction In a previous post, on 01.11.2013, the Indian Ministry of Finance issued a notification classifying Cyprus as a non-cooperative jurisdiction for tax matters. The decision has adversely affected investors using Cyprus companies for inbound or outbound Indian investments. In a summary, payments from India to Cyprus have attracted  a 30% Indian withholding tax, application of the tough … Read More