Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: cpt :: TDS :: VAT Audit :: VAT RATES :: ACCOUNTING STANDARDS :: due date for vat payment :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD
 
 
« General »
 Banks will have a hard slog ahead to get GST-ready
 Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956
 Introduce indemnity clauses with suppliers on tax compliance: Expert
 While filing tax in India, NRIs do not have to report overseas assets
  Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956 -reg.
 SH. VISHWA NATH GUPTA Vs. PRINCIPAL COMMISSIONER OF INCOME TAX CENTRAL, KANPUR AND ANR.
 No tax scrutiny of big transaction if it matches income
 Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956 -reg.
  Home loan tax reliefs often missed by taxpayers
 Income tax department launches online facility for linking Aadhaar and PAN
 Home loan tax reliefs often missed by taxpayers

Belgium's Flanders woos India Inc with tax-haven status
December, 22nd 2010

The Flanders region of Belgium is wooing Indian corporates with its favourable tax regime with an aim to set up their European treasury operations there. While Indian corporates have traditionally chosen to locate their European holding companies in the Netherlands, the Flanders region is showcasing its tax haven status to attract mainly treasury operations and holding companies.

The region is now banking on provisions in the Direct Tax Code, or DTC, which comes into force from April, 2012. Provisions in the DTC make repatriated profits taxable for Indian corporates and it is this aspect that officials from the Flanders region highlighted during a recent visit here.

There is a lot of money here, in India, with an appetite for acquisitions in Europe, similar to the situation of 2008. We expect that in 2011 and 2012, the flow of Indian investment in Belgium will grow. The new Indian direct tax code, or DTC... has placed an obstacle on Indian companies repatriating profits from their overseas arms.

Under the DTC, these companies will be liable to pay tax here on repatriated profits, making it unlikely that Indian companies will repatriate money to India. That money will stay in Europe for reinvestment. There are few Indian treasury companies now, but we are positioning Belgium as the preferred destination for these operations, said Laurens Narriana, partner, PricewaterhouseCoopers Tax Consultants.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Article Management Solutions System Article Management Software S

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions