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India Issues a Tax Notice to Microsoft for Transfer Pricing: Update from Nair & Co. International Tax Compliance Services Team (Sunnyvale, CA)- The Indian income tax (IT) department served a demand notice to Microsoft in India on valuation of transactions with the parent Microsoft Corporation based in the US. The IT officials have raised concern over profits appropriated to the research and development centres in India by the US based parent Microsoft Corporation. The IT department has demanded details of income for four years commencing 2005-06 from its Indian operations. Microsoft has appealed against the notice and matter is sub judice. For a detailed advice on the topic, contact the Global transfer pricing services team at info@nair-co.com. For more information about doing business overseas or to know more about our international tax consulting team please contact us. Subscribe to regular Global Trasnfer Pricing alerts from Nair & Co. About Nair & Co. Nair & Co. provides you with your one touch outsourced finance, HR, legal and globaltax compliance department for your international operations. If you are expanding abroad for the first time or increasing your global footprint, our turnkey solutions help you do so with minimal risk, stress and cost. We support 4000+ client operations in over 56 countries and have core offices in U.K., India, China, U.S., Japan and Singapore. Nair & Co. was named among the top 100 outsourcing services providers in the world by the International Association of Outsourcing Professionals (IAOP). Learn more at www.nair-co.com Get the latest press releases and updates on international tax, HR, Finance, compliance and other legal news at Nair & Co. Industry Alerts. Read more on: international business expansion, expat tax advice, international accounting services


India issues a Tax Notice to Microsoft for Transfer Pricing Payment: Update from International Tax