Will India’s Permanent Establishment Tax Disrupt the Global Business Service Landscape? | Blog
Everest Group
MAY 21, 2024
Article 7 of the UN Model empowers the source state, like India, for instance, to levy taxes on profits linked to a PE within its borders. However, there is acknowledgment, particularly in the pharmaceutical and life sciences verticals, that India conducts substantial R&D work, which often leads to revenue generation for the enterprise.
Let's personalize your content