OrbitaxIndian Supreme Court Upholds High Court Decision that Liaison Office Activities Do Not Constitute PE Under Tax Treaty with the UAE
|Treaty Development|India-Untd A Emirates
The Indian Supreme Court issued a judgment on 24 April 2020 concerning whether the activities of a liaison office in India constituted a taxable permanent establishment (PE). The case involves a limited company incorporated in the United Arab Emirates, UAE Exchange Centre LLC (UAE Exchange), which is engaged in offering, among others, remittance services for transferring amounts from the UAE t…