Liaison office of a multinational company is permanent establishment

By | April 29, 2017
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(Last Updated On: April 29, 2017)

40% profit attributed to Indian operations of taxpayer: The Bengaluru Bench of Income-tax Appellate Tribunal held that a liaison office of a multinational company conducting activities that are not “preparatory and auxiliary” constitutes a permanent establishment. The case is: Arrow Electronic India Ltd. Read an April 2017 report [PDF 420 KB] of KPMG

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