Posts Tagged: licence


5
Nov 10

India: royalties – oh no, they aren’t; oh yes, they are

In an early start to the pantomime season, the earlier sensible decision on shrink-wrap software of the Bangalore Tax Appeal Tribunal appears to have been thoroughly ignored by the Delhi Tax Appeal Tribunal, which has held that payments received by Microsoft from end users in India through distributors for sale of Microsoft off-the-shelf, shrink-wrap, software, are taxable as royalties (and so are subject to Indian withholding taxes).  In effect, the decision means that any sale of software to India should have tax withheld from the payment, no matter what form the software actually takes – that’s going to make quite a difference to some profit margins.

Oh, and tax treaties with India can’t apparently be relied on, according to the court.

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15
Jul 10

India: payment for shrink-wrap software is not a royalty

In Velankani Mauritius vs. DDIT (ITAT Bangalore) the company supplied shrink-wrap licensed software to Infosys Technologies in India.  The Indian tax authorities assessed the profits from the transaction as taxable royalties, rather than business profits which would not be subject to tax as Velankani did not have an Indian permanent establishment.  The tax authority’s view was first confirmed by the tax court but has now been overruled on appeal; the appeal court held that the profits from the sale of shrink-wrap licensed software are not royalties.

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22
Jan 09

US: IRS focus on university IP

From IP Finance: via Tech Transfer E-News comes news that the IRS is to pay increased attention to the tax status of revenue-generating activities of universities – including income from their IP licences.