Page-2 of International taxation

France introduces GAFA Tax on Global Internet, Technology Firm

France has recently introduced a new “GAFA tax” – named after the large internet and technology companies viz. Google, Apple, Facebook and Amazon – to ensure the global giants pay a fair share of taxes on their massive businesses in ..

India and China sign protocol to Double Taxation Avoidance Agreement to prevent tax evasion

India and China have signed protocol to amend Double Taxation Avoidance Agreement (DTAA) for the avoidance of double taxation and for prevention of fiscal evasion with respect to taxes on income by allowing exchange of information. Under Section 90 of ..

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Border Haats

Border haats are specially designed marketplaces along the international borders. Currently, four border haats are operational along the India–Bangladesh border.  Border haats have a made a new beginning through Promoting the well-being of the people dwelling in remote areas across ..

Agricultural income (Taxation Provisions)

Section 2 (1A) of the Income Tax Act defines agricultural income as rent/revenue from land, income derived from this land through agriculture and income derived from buildings on that land. Section 10 (1) of the Income Tax Act excludes agricultural ..

Dutch Sandwich

Dutch Sandwich refers to a form of tax avoidance used by companies that have their operations across the world to minimise the amount of taxes that they pay on their profits. The technique involves the transfer of a company’s profits ..

Financial Secrecy Index 2018

The Financial Secrecy Index ranks jurisdictions according to their secrecy and the scale of their offshore financial activities. A politically neutral ranking, it is a tool for understanding global financial secrecy, tax havens or secrecy jurisdictions, and illicit financial flows or ..