Indian tax authorities have said that businesses spending higher than average on advertising, marketing, and promotions (AMP) expenses are creating marketing intangibles for related foreign enterprises and are therefore liable for taxes on expenditures above average for comparable transactions.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
Two months since EU political agreement on pillar two and few member states have made progress on new national laws, but the arrival of OECD technical guidance should quicken the pace. Ralph Cunningham reports.