In a recent decision the European Court of Justice (‘ECJ') has ruled upon the scope and contours of Article 3(2) usually employed in Double Taxation Avoidance Agreements (‘DTAA') / Double Taxation Conventions (‘DTC') to apply the domestic law meaning for interpreting expressions not...

Valuation has always been a key issue in any fiscal regime. Issues relating to valuation are often a sore point between the tax authorities and the subject taxpayer inasmuch as multiple methods and techniques of valuation exists to determine the assessable value which forms the basis for...

In its decision in the case of Lisboagás (C-256/14) the European Court of Justice (‘ECJ') adverted to the issue whether other taxes paid by the supplier and collected from the receiver on actual basis are required to be added to determine the taxable value for VAT purposes. The ECJ in this...

Fiscal legislations have, more often than not, been treated as a class in themselves in so far as the principles of statutory interpretation are concerned. The differences in their intent and application, contrasted from other legislations, is such that distinct principles have been evolved on...

In its decision in the case of Air France KLM (C-250/14, decision dated 23.12.2015) the European Court of Justice (‘ECJ') has clarified the legal position regarding levy of tax on amounts forfeited by the airlines on account of no-show by the passengers for which the passenger is unable to...

In the ever-growing tide of international tax literature, the issue which figures the most is prohibiting/relieving double taxation. It is only ironical that this issue which finds itself as the center-stage of international tax arena is not just neglected but instead more-often-than-not...

While the power of the legislature to levy tax on a particular subject-matter is paramount, subject only to the constitutional limitations, there are a few subjects which by their intrinsic nature have eluded their eligibility to tax. Lotteries organised by the various States of India, have...

This paper examines the effectiveness of using asymmetric liability to combat harassment bribes. Asymmetric liability is a mechanism where bribe-takers are culpable but bribe-givers have legal immunity. Results from our experiment indicate that while this policy has the potential to...

3D printing technology has opened up possibilities of product design collaborations between device providers and customers. To enable an environment of co-creation, device providers are offering 3D printing-as-a- service. Although prior research has examined pricing and quality issues in the...