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Member Articles


New Income Tax Rates in Mexico

BACKROUND On August 1, 2021, the Mexican tax authorities released a Press Release, regarding a second publication of new effective income tax rates for large taxpayers corresponding to 84 economic activities, according ...

Determination of the Revaluation Coefficients for Annual Remuneration

Ordinance 169/2021 of 5 August approved the values of the revaluation coefficients to be applied to the update of the annual remuneration recorded as the basis for calculating retirement and disability pensions under the ...

Half-hearted Refunds for Inverted Duty Structure Supplies

Authors: Reena Khair & Shreya Dahiya Even after four years of the introduction of Goods and Service Tax, there is a lack of clarity on many substantive and procedural issues. One such issue is the absence of comple ...

Validity of Mauritius TRC Authenticated (Once Again!) by Indian Tax Tribunal

In the recent matter of Asia Today Limited1, the Hon’ble Mumbai Tribunal has held that even in a case of a foreign entity which has first been incorporated in British Virgin Islands and later redomiciled to Mauritius, ...

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