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India High Court Rules in Favor of Royal Dutch Shell in Share Issuance Transfer Pricing Dispute

|Approved Changes|India
India

India's High Court in Bombay recently ruled on whether or not the issuance of shares by Royal Dutch Shell's Indian unit to its parent company based in the Netherlands gives rise to Indian tax and subject to the country's transfer pricing rules. The ruling follows a ruling on a similar case in October 2014 where the High Court ruled in favor of Vodafone.

The Royal Dutch Shell case involved a 20…

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