Introduction: Woven around the sports tournaments conducted in our country are few tax litigations that has emanated from them involving tax implications of various types of payments made by Indian entities to foreign sports associations and foreign players. Some of the nomenclature used to describe / characterize the payments

LAST decade and half haven't been good for the multinationals, at least perception wise. We had a plethora of reports and discussion and research papers, government papers and what have you - all telling us that MNCs indulge in eroding the tax base of the source countries, more particularly