The Resource Foster's Australia Ltd v Commissioner of Income Tax : AAR No 736 of 2006

Foster's Australia Ltd v Commissioner of Income Tax : AAR No 736 of 2006

Label
Foster's Australia Ltd v Commissioner of Income Tax : AAR No 736 of 2006
Title
Foster's Australia Ltd v Commissioner of Income Tax : AAR No 736 of 2006
Contributor
Subject
Language
eng
Summary
Judgment by the Authority for Advance Rulings (Income Tax), New Delhi, dated 9 May 2008. It held firstly that the intellectual property in the form of trademarks and brand were an integral part of the business of Foster's India carried on with the licence granted by the taxpayer. They and the goodwill they generated were therefore situated in India for tax purposes even if they were also situated elsewhere; secondly, that the brewing manual was the product of research and development by the taxpayer in Australia and on the termination of the licence the copies had had to be returned to Australia. At the time of the transfer therefore there was no brewing intellectual property situated in India
Citation source
In: International tax law reports. - London. - Vol. 10 (2008),
Geographic coverage
Asia
Language note
English
http://library.link/vocab/relatedWorkOrContributorName
Baker, P
http://library.link/vocab/subjectName
  • case law
  • capital assets
  • intellectual property
  • double taxation
  • situs rule
Label
Foster's Australia Ltd v Commissioner of Income Tax : AAR No 736 of 2006
Instantiates
Publication
Label
Foster's Australia Ltd v Commissioner of Income Tax : AAR No 736 of 2006
Publication

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