Startups

New rules to bring MNCs, startups under tax lens

Read more at economictimes.indiatimes.com

Several multinationals and startups that operate through a complex maze of structures as part of their tax planning are set to see their tax outgo increase substantially after the government came out with special economic presence (SEP) rules. The rules are set to primarily target multinationals and startups that operate in India and come through “non-treaty” countries. Though SEPs don’t impact treaty countries, tax experts say that the revenue

Read more at economictimes.indiatimes.com

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