As per the indirect transfer of shares regulations any asset that derives most of its value (50%) from Indian assets, should be taxable domestically. This essentially means that India will have the right to tax an M&A transaction, on the capital gains, if more than half of the assets (by value) are located in India.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/lB69aVJ
Tuesday, May 17, 2022
Adani-Holcim deal and the legacy Vodafone tax issue
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