Hyatt faces India tax blow as Supreme Court docket confirms ‘Everlasting Institution’ standing
In an important ruling with broad implications on how multinational firms are taxed in India, the Supreme Court docket on Thursday held that UAE-based Hyatt Worldwide Southwest Asia, which gives lodge advisory companies in India, has a taxable Everlasting Institution (PE) within the nation. A bench comprising Justices J.B. Pardiwala and R. Mahadevan upheld Delhi … Read more