Offshore Equipment Sales and Administrative Reimbursements Lacking ‘Make Available’ Test Are Non-Taxable in India
Offshore Equipment Sales and Administrative Reimbursements Lacking ‘Make Available’ Test Are Non-Taxable in India Issue Whether revenue from offshore sale of equipment and pure administrative service/expense reimbursements without transferring technical know-how (making technical knowledge available) can be characterized and taxed in India as Fees for Technical Services (FTS), and whether income initially recognized but later… Read More »