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India taxes large offshore business transactions

Recently an Indian court ruled that officals can seek taxes from Vodafone Group PLC for the Vodafone’s purchase of one of India’s largest cell phone companies. The Bombay High court concurred with a lower courts ruling that the indian tax department can seek $2.6 billion in taxes for a $11.2 billion acquisition of a majority [...]

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Intellectual Property: Protect Your Intangible Assets

Intellectual property is anything that is a creation of the mind: inventions, literary or artistic works, symbols, names, images, drawings, musical compositions etc. It is intangible property, and is the result of creativity which is protected by patents, trademarks, copyrights or other legal protection devices. Intellectual property is distinguishable from tangible property because tangible property [...]

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