Tuesday 21 April 2015

Royalty for know-how of manufacturing taxable at its situs while know-how for product functionality

IT/ILT : When royalty is for use of a technology in manufacturing, it is to be taxed at situs of manufacturing product, and, when royalty is for use of technology in functioning of product so manufactured, it is to be taxed at situs of use

No comments:

Post a Comment