Sunday , March 18, 2018 |   04:22:14 IST
About Us Contact Us Instant Updates Newsletters
I-T - Statute does not prescribes further attribution of profits in hands of PE, once ALP procedure has been complied: SC (See 'Breaking News') TP - Mere fact that transaction of 'royalty' and 'intra-group services' are utilized by Assessee for manufacture of final product, is no basis to determine their combined ALP: ITAT (See 'Breaking News') TP - Applying broad functionality of TNMM method is not sufficient enough to select comparables for a taxpayer: ITAT (See 'Breaking News') I-T - Withholding tax liability should be attached to payment of overseas commission, only after examining the nature of such payment: ITAT (See 'Breaking News') Taxing Digital Economy - 110 countries agree to develop tools by consensus (See 'TII Brief') I-T - Payment made to non resident agents, in respect of services rendered abroad for procuring business, is not chargeable to tax as FTS: HC (See 'Breaking News') I-T - Pending matters in relation to international transaction between two Contracting States, should be disposed of as per MAP resolution agreed between them: HC (See 'Breaking News') TP - Margins from different segments of concerns cannot be compared in absence of their segmental details: ITAT (See 'Breaking News) TP - Turnover filter should not be applied rigorously to exclude functionally comparable companies, without establishing its effect on their profitability: ITAT (See 'Breaking News) DTAA - Taxability of overseas receipts has to be determined as per MAP resolution arrived at by competent authority of Contracting States: ITAT (See 'Breaking News) See full text of Finance Bill as Passed by Lok Sabha (See 'Union Budget' in Intl Misc) TP - Turnover filter should not be applied rigorously to exclude functionally comparable companies, without establishing its effect on their profitability: ITAT (See 'Breaking News) I-T - Remittances received from abroad has to be treated as unexplained u/s 69A, if abroad based source entity as claimed by Indian receipient was found to be non existent entity: ITAT (See TP - Arrangement for no payment of royalty between AEs during past, is no reason to treat ALP of royalty at Nil in later years: ITAT (See 'Breaking News) IGST 'Little Boat' may not sail in Nilekani's proposed GSTR model (See 'THE COB(WEB)' in TIOL) TP - All common expenses cannot be apportioned in ratio of gross revenue from different segments: ITAT (See 'Breaking News') TP - No ALP adjustment can be made by applying average operating profit margin of comparables, on assessee's universal transactions entered into with both AEs and non-AEs: ITAT (See 'Breaking News') TP - Precedent can be followed during benchmarking of comparables, in case functional profile of both the taxpayers are similar: ITAT (See 'Breaking News') Protocol approved to amend India-Iran DTAA to meet BEPS standards (See 'Brief') Lok Sabha hurriedly passes Finance Bill 2018; House adjourned till tomorrow TP - Reduction in outstanding demand as a result of refund adjustment, merits conditional stay on recovery of such demand: ITAT (See 'Breaking News')
Home >> News Brief

South Korea, Macau & UAE figure in list of 17 tax haven blacklisted by EU
By TII News Service
Dec 05, 2017 , New Delhi


THE EU finance ministers are learnt to have adopted a resolution to blacklist as many as 17 tax havens on ground of non-cooperation.

And some of them are - South Korea, UAE, Bahrain, American Samoa, Barbados, Macau, Mongolia, Namibia, Triniad & Tobago, Tunisia and many others.

The EU has also prepared a list of 47 tax jurisdictions which fall in the 'Grey' list. They are not compliant but have committed to be tax compliant soon.

Experts say that the blacklisted tax jurisidctions may lose right to access EU funds. However, what all meansures are going to be put in place would be decided later.


gmail login
  • DTAAs
  • TIEAs
  • Circulars (I-T Act, 1922)
  • Circulars
  • Instructions
  • DRP Panel
  • Administrative Orders
  • Notifications
  • I-T Act, 1961
  • Relevant Portion of I-T Rules,1962
  • Relevant Portion of I-T Act,1922
  • GAAR
  • Equalisation Levy
  • Draft Guidelines
  • Committee Reports
  • Intl-Taxation
  • Finance Acts
  • Manual on EoI
  • DTC Bill
  • UN Model
  • Miscellaneous
  • Guidance Notes - AEOI
  • OECD Conventions
  • Cost Inflation Index
  • Union Budget
  • Information Security Guidelines
  • Circulars
  • Instructions
  • Notifications
  • Relevant Sections of Act
  • TP Rules
  • Forms
  • Miscellaneous
  • APA Annual Report
  • APA Rules
  • UN Manual on TP
  • Safe Harbour Rules
  • US Transfer Pricing
  • FEMA Act
  • Exchange Manual
  • Fema Notifications
  • Master Circulars
  • Press Notes
  • Rules
  • RBI Circulars
  • FDI Circulars
  • Reports
  • FDI Approved
  • RBI Other Notifications
  • FIPB Review
  • Black Money Act
  • PMLA Notification
  • PMLA Instruction
  • PMLA Bill
  • FM Budget Speeches
  • SEBI
  • Multimodal Transportation
  • Vienna Convention
  • NBFC Reports
  • EXIM Bank LoC
  • Manufacturing Policy
  • FTDR Act, 1992
  • Intellectual Property
  • White Paper on Black Money
  • Posting Policy
  • PMLA Cases
  • Transfer of Property
  • CBR Act, 1963
  • MCA Circular
  • Book Review
  • Limitation Act
  • SSAs
  • EPFO
  • FAQs
  • Acts
  • Rules
  • Guidelines
  • Tourist Visa
  • Notifcations
  • Types of Visa
  • Agreements
  • Arbitration
  • Model Text
  • Relevant Portion of I-T Act
  • Circulars
  • I-T Rules, 1962
  • MISC
  • Notifications
  • Subscribe
  • About Us
  • Contact Us
    A Taxindiaonline Website. Copyright © 2016 Pvt.Ltd. All rights reserved. | Powered by 4th Dimension