Tags » International Tax

Foreign television broadcast in US - is royalty paid to foreign corporation taxable?

French open is around the corner! Some French tennis broadcasting channels will broadcast the matches live via satellites in US. Ever imagined how the tax law would apply to the royalty income paid by US companies to foreign channels? 188 more words

Global Tax

A POEM IN TAX LAW – NO KID’S RHYMES, CAUTION NEEDED

It is interesting to note that while ‘Aping the West’ is generally frowned upon by society, refurbishing the Indian tax system to bring it into line with the international best practices is generally welcomed. 1,540 more words

Income-tax

Withholding Tax In Brief

When a corporate counsel negotiate for a cross border transaction with a customer from an uncharted territory, it is important to understand the withholding tax (WHT) requirements of the customer’s residence country. 212 more words

Contract Law

Permanent Establishment Risk

When one draft, review or negotiate for an international trade contract, as or for seller (or exporter), it is essential to have fundamental knowledge on local taxation, to minimize the risk of ‘permanent establishment’ (PE). 261 more words

Contract Law

Place of Effective Management: striking the right balance

International taxing principles

There are two main principles under which countries calculate tax on income — source and residency. Income derived by a person is likely to be taxed by a country because of a connection between the country and the generation of the income (source jurisdiction). 1,087 more words

Tax And Regulatory Services

His Kingdom For A Hearse

With England burying one of its monarchs today, 530 years late, I thought it appropriate to re-post this item from March 25,  2012.

Greatest Britain… 842 more words

International Tax

Greecing the wrong palms

Sneak, snitch, grass – those one syllable words do not convey an aura of approval. In school, where we imbibe the morality that plagues us for the rest of our lives, a telltale can expect a bigger punishment than the class-mate he is squealing on. 517 more words

International Tax