"Arun Valera is a First Generation Entrepreneur. He is the author of a Book on International Tax and Scams named “Catch me if you can!” Being from a non-business family culture, he learnt the business lessons the hard way. He struggled, failed and surged ahead in search of success. He just had a bunch of unclear dreams and an undying learning attitude. Arun loves to share his knowledge and experience related to International Taxation. He teaches CA aspirants at various institutions. He has authored various articles on topics close to his heart. He holds a certificate in creative writing workshop conducted by Xavier Institute of Communications. He is part of International Tax Study Circle of BCAS and CTC."
Let us understand the concept of Interest in the context of cross-border taxation with the help of an example. When an Indian Company borrows money by way of Loan from a person resident of Germany, the Indian Company will pay Interest at agreed rate to such Non-resident. Now, the question arises, which country gets the right to tax such Interest Income of the Non-resident?
Ever wondered, when Virat Kohli hits centuries on cricket grounds situated outside India, which country shall have right to tax his income arising from such play? Or when the audience outside India gets Goosebumps listening to the voice of Arijit Singh, how the said income shall be taxed? The taxation rights of Artistes and Sports […]
