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No more royal treatment for Indian arms of MNCs as govt doubles tax on royalty, fee for technical services
No more royal treatment for Indian arms of MNCs as govt doubles tax on royalty, fee for technical services
Apart from hitting companies with parents in jurisdictions that do not have a tax avoidance treaty with India, the move also makes it possible for the government to impose the higher treaty rate of 15% on local arms of companies from the US, UK and other countries with whom India does have a tax treaty.
Apart from hitting companies with parents in jurisdictions that do not have a tax avoidance treaty with India, the move also makes it possible for the government to impose the higher treaty rate of 15% on local arms of companies from the US, UK and other countries with whom India does have a tax treaty.
Apart from hitting companies with parents in jurisdictions that do not have a tax avoidance treaty with India, the move also makes it possible for the government to impose the higher treaty rate of 15% on local arms of companies from the US, UK and other countries with whom India does have a tax treaty. 
