A ruling by India’s top court against an entity of the Hyatt hotel chain may make more foreign companies liable for taxes in the country by virtue of a broader interpretation of “permanent establishment.”
The Supreme Court ruled Hyatt International Southwest Asia Ltd., a tax resident of the UAE, held permanent establishment in India since it “exercised pervasive and enforceable control” in the operations of two hotels to which it provided advisory services—despite not having a physical office or permanent staff in the country.
The ruling, published July 24, affects how multinationals may choose to conduct business in India ...
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