Nikhil Mehta and Gareth Miles review the impact of the decision of the Supreme Court, which held that Indian capital gains tax did not arise on an indirect transfer of shares in an Indian company.
The tax information exchange agreement between the UK and the Netherlands in respect of Aruba, signed in November 2010, entered into force on 1 January 2012.
‘NEW DELHI: In a major victory to Vodafone International Holdings, the Supreme Court on Friday set aside the Bombay high court judgement asking the company to pay income tax of Rs 11,000 crore, holding that tax authorities do not have jurisdiction on an overseas transaction.
The UK/Dominica tax information exchange agreement signed in March 2010 entered into force on 23 December 2011.
A country-by-country guide to some of the key tax developments in 2011
Chris Morgan reviews the top five developments in 2011 affecting international corporate taxes
Eloise Walker looks at the practical problems thrown up by the new offshore funds rules