A ruling from the Madras High Court in India, in a case involving Verizon Communications Singapore, could have far-reaching implications after the court confirmed that payments made by Indian customers to Verizon for providing bandwidth/telecom services is taxable as royalty income both under Indian Tax Law and under the India-Singapore tax treaty.
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The US president also unveiled a new 50% levy on copper imports; in other news, a UK wealth tax proposal has been criticised by the Institute for Fiscal Studies
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process