India Extends Deadline for Consultation on New Definition of Significant Economic Presence Regardless of Physical Presence (Digital PE)
India's Central Board of Direct Taxes has issued a notice on an extension of the deadline to submit comments in relation to the definition of taxable significant economic presence, which was expanded by the Finance Act 2018 to essentially provide for a digital permanent establishment, including that a nonresident may be deemed to have a significant economic presence in India, regardless of a p…
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