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Apple Gains Fifteen Years Of Tax Certainty On India Plants
<strong></strong>India has proposed extending a tax exemption for foreign companies that supply machinery to Indian contract manufacturers, running to 31 March 2041 instead of 2031. Apple lobbied for the change. The exemption removes the risk that owning iPhone tooling in India creates a taxable business connection for the company.
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economictimes.indiatimes.com
India proposes extending tax breaks for contract manufacturing in a boost for Apple
India has proposed extending tax exemptions until 2041 for foreign companies supplying machinery and components to contract manufacturers, a move benefiting Apple while boosting…
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gadgetsnow.indiatimes.com
Apple Gains Fifteen Years Of Tax Certainty On India Plants
<strong></strong>India has proposed extending a tax exemption for foreign companies that supply machinery to Indian contract manufacturers, running to 31 March 2041 instead of…
