At Cross Purposes: Recent International Tax Developments in India
February 8, 2010
During the latter part of 2009, the tax authorities of India continued to aggressively pursue the taxation of international transactions with direct and indirect connections to India. At the same time, a series of conflicting Indian court decisions and administrative rulings further created additional uncertainties for non-resident companies doing business and providing services in India. While the country remains a dynamic, high-growth country with unique economic opportunities, companies should familiarize themselves with the potential tax issues relating to their business enterprises in India.
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