Saturday International Tax Gyan!! (SITG-189) #taxinpic #taxmadeeasy
We have come across various transactions, where
the Indian entities/ persons make reimbursement payment to the foreign entities
who have made payment on behalf of such resident entities, however there are
various nuances involved regarding whether such transactions shall be
considered as ‘reimbursement’ or shall be taxable.
Therefore, in today’s edition of SITG, we shall discuss such nuances in
reimbursement transactions in “International Business Transactions
(Part-3)” series!!
Nature of transaction: Reimbursement of International Transaction
