India has set alarm bells ringing in the global M&A market after issuing another ruling which will lead to unwanted tax liabilities being thrust on parties involved in offshore transfers.
Two of India’s leading tax officials have warned taxpayers that poor documentation and misleading information will be pounced upon by the tax department.
Hong Kong today introduced significant changes to its intellectual property (IP) regime that will promote wider application of IP and encourage the development of creative industries.
A long-running area of dispute in India has come to an end with the Supreme Court upholding the powers of parliament to enact laws with extra-territorial jurisdiction.