Indian companies that defer the payment of sales tax are running a serious risk if they fail to meet agreed production start dates, following the Supreme Court’s ruling against Essar Energy on Tuesday.
Taxpayers will welcome news that a One Stop Shop (OSS) for EU trade across borders is on its way, after the European Council adopted a proposal advocating the scheme.
Insurance giant Aon has denied that tax is the reason why it is relocating its global headquarters from Chicago to London, but documents seen by International Tax Review suggest otherwise.