The Delhi Income Tax Appellate Tribunal (ITAT) has found that revenue earned by one of Microsoft’s US branches on the sale of products to Indian distributors constitutes royalty, but that Microsoft is not liable to tax because it would see the same income taxed twice.
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China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap