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SOFTWARE ROYALTY LAW
MNCs, Indian tech companies spar over copyright tax“Indian companies that use imported software still want to continue withholding the tax at 10% but the latter claims that following the SC ...
Multinationals and Indian companies spar over tax on copyright following Supreme Court rulingThe question is whether Indian companies that use, sell, or market software — directly or installed in cell phones, computers etc— should d...
Government may tweak tax law on software purchases from foreign firmsThe government may be exploring options to tweak the domestic tax law to overcome a recent Supreme Court judgement that said payments made ...
Can income arising on sale of software be branded as 'royalty'? SC settles the debateThe apex court has ruled that any sum paid by resident end users, as consideration for the resale/use of computer software, cannot be typic...
Software royalty case: How SC upheld the primacy of tax treaties over domestic tax lawRejecting the revenue’s plea that persons required to deduct tax at source do not fall within the subject matter of tax treaties, it held t...
No TDS required on import of shrink-wrapped software: Supreme CourtThe Supreme Court (SC) on Tuesday ruled that payments made by resident Indian end-users or distributors (such as technology companies) to o...
- Revise royalty definition to include software payments by subsidiaries to parent: Developing countries tell UN tax committee
Many developing countries including India want to tweak royalty definition in upcoming tax treaties
MNCs could face double taxation or get tax arbitrage due to new digital transaction lawTax experts say lack of clarity around the levy means different companies were interpreting it in a different way. Some companies are being...
Tax treaties under scanner as Australia court says Tech Mahindra to be taxedTech Mahindra's services were partly performed by employees in Australia and partly by its India staff.
Budget 2015 should address problems of startup communityThe reality is that starting a company in easier is very difficult and closing one is maddeningly painstaking.
Nokia gets interim stay against Rs 2,000 crore I-T demandThe Delhi High court granted an interim stay to Nokia India on the demand after the mobile phone manufacturing company filed a petition cha...
Top software MNCs lobby against software tax changes in the Budget; warn of cut in investmentsAfter Vodafone, the global software industry is the latest to join in the chorus of protests against numerous retroactive amendments propos...
- Microsoft says it will support governments decision on software royalty law
Microsoft clarified its tax provisions relating to the use of packaged software, said the co will support whatever the govt chooses to do i...
Budget 2012: Tweaked royalty law can lead to fresh tax burden on software cos like Microsoft, GE, SamsungMultiple lawsuits are pending in different courts in India, challenging authorities who have sought to tax income from the sale of software...
- Payments to foreign companies for uploading ads not taxable: Income Tax Appellate Tribunal
Payments to a foreign company for uploading banner advertisements on portals are not liable to be taxed in India, ITAT has ruled.
- Royal Biz: Microsoft case exposes opaque tax policy
New Income Tax Code should clarify how software revenue of multinationals in india would be taxed. Myths and facts of filing your tax retur...
- India tells Microsoft to pay $175 mn in tax: report
India has asked US software giant Microsoft to pay 175 million dollars in back taxes and interest for revenue earned from licensing its sof...
- Microsoft told to pay tax on licence fee for software
Microsoft is liable to pay tax here on the licence fee charged to Indian users, an appellate authority has ruled.
- I-T Dept asks Microsoft to pay Rs 700 cr tax
Software giant Microsoft has to pay about Rs 700 cr as income tax, including interest on royalty income generated from sale of software in ...
- Differential tax rates for imported software likely
The exemption on non-customised software, also known as shrink-wrap software, will bring relief to giants such as Microsoft.