Sharing insights. News Alert 8 June, 2011



Similar documents
Sharing insights. News Alert 9 February, Tax issues relating to assignment of keyman insurance policy to a keyman. In brief.

Sharing insights. News Alert 8 June, Weighted deduction available for R&D expenditure incurred outside the approved facility;

Sharing insights. News Alert 18 September, 2012

Sharing insights. News Alert 12 August HC holds in favour of expatriate taxpayers on taxability of several items. In brief.

Consideration received for executing turnkey contract not taxable in India in absence of PE in India

Roadmap for Ind-AS implementation

Indian social security For cross-border assignments

KPMG Flash News 25 May 2011

Payments for website hosting cannot be treated as Royalty under the Incometax Act or India-USA tax treaty

Capital gains arising from sale of shares of Sri Lankan Company are not taxable in India under India-Sri Lanka tax treaty

KPMG FLASH NEWS. Background. Facts of the case KPMG IN INDIA. 27 August 2012

Supreme Court provides clarity on prospective versus retrospective operation of tax amendments

KPMG FLASH NEWS. Background. Facts of the case. 26 June KPMG in India

An overview. Ind AS: India s accounting standards converged with the IFRS are here!

KPMG Flash News 24 March 2011

Payroll Services. kpmg.com/in

CBDT notifies new income-tax return forms for Assessment Year

KPMG Flash News 18 February 2011

KPMG FLASH NEWS. Background. Facts of the case KPMG IN INDIA. 22 August 2012

Economic Employer Bangalore Tribunal ruling in IDS Software Solutions (India) Private Limited ( IDSI )

Delhi High Court rules that higher or abnormal profits / losses cannot be a factor for exclusion of a comparable

Tax Implications for employees on deputation (inbound and outbound)

Chamber of Income-tax Consultants Tax deduction at source from payments to Non-residents August 2006 Naresh Ajwani Chartered Accountant

Certificate of Registration

CHARGE OF SALARY COSTS ON

Section 195 Related-TDS payment to non residents T.G. Suresh Chartered Accountant

Income Tax return (ITR) and Filing of Form 3CEB for foreign Companies

BEFORE THE AUTHORITY FOR ADVANCE RULINGS (INCOME TAX) NEW DELHI ========== P R E S E N T A.A.R. NO. 621 OF 2003

Welcome to Apollo Munich Health Insurance Co. Ltd.

REMUNERATION TO DIRECTORS DIRECTORS

Welcome to Apollo Munich Health Insurance Co. Ltd.

TDS ON FOREIGN REMITTANCES Surprises continued..

Supreme Court confirms liability to deduct tax on offshore salary paid to non-resident employees for services rendered in India

C h a l l e n g e U s

Welcome to Apollo Munich Health Insurance Co. Ltd.

Place of Provision of Service Rules

Ahmedabad. Bangalore. Chandigarh. Charles Sturt University Curtin University CQUniversity Deakin University James Cook University - Brisbane

INTERNATIONAL EXECUTIVE SERVICES. India. Taxation of International Executives TAX

Energy Equipments. Plot No: 5208, Phase IV, G.I.D.C. Vatva, T-1 Road (Towards Ramol), Ahmedabad Profit sharing Ratio Mr.

If AE was treated as the tested party, the considering the relevant difference between

3. The law For ease of reference, the relevant sections of the Act are quoted in the Annexure.

Real Estate Developers & Contractors - Recent Trends in Accounting and Taxation

How To Pay Tax In Uganda

Your guide to taxation in India

CHAPTER 34 DOUBLE TAX RELIEF FOR CGT

Personal Service Companies. Guidance Note GN 50

Welcome to Apollo Munich Health Insurance Co. Ltd.

Insurance Key Direct Tax Issues

INLAND REVENUE BOARD MALAYSIA FOREIGN NATIONALS WORKING IN MALAYSIA TAX TREATY RELIEF

Maybank Kim Eng Securities Pte Ltd Terms and Conditions

Indian General Insurance Industry

15 Double Taxation Relief

THE TAXATION INSTITUTE OF HONG KONG CTA QUALIFYING EXAMINATION PILOT PAPER PAPER 5 ADVANCED TAXATION PRACTICE

MOST IMPORTANT TERMS AND CONDITIONS

Answering queries Advance Pricing Agreements

Addendum. This addendum set out changes to be made in the Statement of Additional Information (SAI) of Tata Mutual Fund.

Tax Issues in Employment and Remuneration. BDO Richfield Advisory Ltd Tax & Legal Services

Inter-Relationship between Accounting and Taxation

INDIAN RETAIL INDUSTRY: An Update

Max Life 20 Year Endowment (Par) Plan UIN: 104N003V01

Singapore personal taxation

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

Max Life - Life Gain Plus 20 (Participating Plan) UIN: 104N014V01

ACT : INCOME TAX ACT NO. 58 OF 1962 SECTION : SECTION 11(nA) SUBJECT : TAX DEDUCTION FOR AMOUNTS REFUNDED TO EMPLOYERS

Walk-in Interviews. Dy. General Manager (P&A)

Durga Solar Enterprise

TRICKS FOR GETTING STUCK PAYMENT FROM LIMITED COMPANIES Which are still working.

Welcome to Apollo Munich Health Insurance Co. Ltd.

TUBE INVESTMENTS OF INDIA LIMITED Regd. Office: Dare House, 234, N S C Bose Road, Chennai

Grievance Management


ZEUS Law Associates COMMISSION AGENT SITUATED ABROAD: SERVICE TAX IMPLICATIONS. Mr. S.K. Kohli, Senior Consultant Amit Chowdhury, Associate.

List of Nodal Officers for Public Grievances in Public Sector Banks

Double Taxation Relief

Income from House Property


Max Life College Plan A Traditional Participating, Money Back Life Insurance Plan UIN: 104N065V01

Cost Management for Sustainable Project Success

Brickwork Ratings B - S c h o o l a n d E n g i n e e r i n g C o le g e G r a d i n g

Akums Drugs & Pharmaceuticals Limited

Indian Hotel Industry Industry waiting out one of the longest down-cycle

SREI Equipment Finance Private Limited

Income-tax PAN S. 206AA TDS from Payments to Non-Residents

Capital gain on conversion of Capital Asset into stock in trade-section 45(2)

Transcription:

www.pwc.com/in Sharing insights News Alert 8 June, 2011 Reimbursement of salary costs to Group company pertaining to seconded employees is taxable as fee for included services. In brief In a recent ruling, in the case of Verizon Data Services India Pvt Ltd 1 (the Applicant ), the Authority for Advance Rulings ( AAR ) has held that reimbursement of salary cost to a group company pertaining to seconded employees will be taxed as a Fees for Included Services ( FIS ) as per the Double Taxation Avoidance Agreement between India and USA (the tax treaty ), and accordingly, will be subject to Indian withholding tax provisions. Facts The applicant is engaged in providing services relating to development and maintenance of telecom software solutions and certain information technology enabled services to Verizon Data Services LLC, US ( Verizon US ). For business requirements, three of the employees of GTE Overseas Corporation, USA ( GTE US ), an affiliate company of Verizon US, were seconded to the applicant. In relation to this, a secondment agreement was entered into between the applicant and GTE US. 1 Verizon Data Services India Pvt. Ltd., In re [2011-TII-13-ARA-INTL] 1

As per the secondment agreement, each employee was to function and act exclusively under the direction, control and supervision of the applicant. GTE US was not responsible for the work of any employees and did not undertake any obligation or risk with respect to the quality of the results produced from the work performed by these employees. The first employee was appointed as Managing Director of the applicant and the role of the other two employees was to liaise between the applicant and Verizon US, to supervise and provide directions on the manner in which the activities of the applicant should be carried out. GTE US would remunerate the employees, and in turn the applicant was to reimburse GTE US for the salary paid or provided to the employees. The responsibility to bear the tax under the Indian tax laws on the remittances made would be that of the applicant. Issues Whether the amounts reimbursed by the applicant to GTE US are income and are liable to tax withholding in accordance with the provisions of section 195 of the Indian Income-tax Act, 1961 ( the Act ), and if so, what would be the rate at which tax is to be deducted at source? Whether the above is taxable as FIS under the Act, read with the tax treaty? Whether there is a permanent establishment of GTE US in India as per the tax treaty, and if so, whether the amount received by GTE US from the applicant is in the nature of business profits attributable to such permanent establishment in India. Whether the amount of taxable income is Nil, given that the reimbursements are at actual? Applicant s contentions Payments made were in the nature of reimbursement of salary and expenses paid by GTE US to the expatriate employees and constitute mere cost-to-cost reimbursement. The applicant is the economic employer of the seconded employees and is liable to withhold tax. The tax payable at source on the salary and benefits that accrue to the expatriate employees is paid in India. As the salary payment and benefits provided to the expatriate employees have suffered tax under section 192 of the Act, the same amount cannot be subject to tax withholding under section 195 of the Act. Personnel were deputed at the request of the applicant to work under its control. GTE US was not rendering any service to the applicant and the reimbursement of salary cost paid by GTE US, in respect of provision of personnel to the applicant, was for administrative convenience and would not qualify as FIS as per the tax treaty. As per Article 12 of the tax treaty, the consideration towards technical or consultancy services would be considered FIS only if it makes available technical knowledge, skills, etc. to the service recipient. The expatriate employees are engaged in rendering managerial services and not technical services; hence, the payment was not in the nature of FIS and not liable to tax in India. GTE US has no fixed place in India from where it was carrying on business. If it is held that GTE US has a fixed place of business, then salary and expenses incurred for expatriate employees would be deductible as an expense from the 2

income earned from the applicant. The net income would be Nil and there would be no requirement to withhold tax. Revenue s contentions The expatriate employees, in substance, represent the parent company (i.e. Verizon US) and the plea that the applicant is the economic employer, does not hold good. The applicant was exclusively providing all its services to Verizon US and thereby GTE US was not benefited in any way by this secondment agreement. GTE US has the powers to replace the seconded employees. The employees continue to remain on the payroll of GTE US which has the authority to terminate the employees with or without cause. In the event of a dispute, reference is to be made to Verizon US for the final decision. If the secondment agreement is independent of Verizon US, then there is no reason to refer the dispute to Verizon US. In light of this, the arrangement appears to be altruistic and not a commercial arrangement. Employees have been seconded to perform certain managerial or other services and activities in addition to mere managerial services. It is not correct to say that the Managing Director of the applicant will work under the control and supervision of the applicant. In fact, the control and supervision of the applicant vests with him. Clearly, GTE US has been rendering services to the applicant and the applicant was reimbursing the costs incurred by GTE US in providing such services. The payment was covered under FIS as per the tax treaty. It is not correct to say that persons occupying managerial positions cease to be technical personnel. The seconded employees have been given leadership positions only to render technical advice/guidance to the team. AAR ruling The secondment agreement specifically provides that the seconded employees shall remain the employees of GTE US. The payment of their salaries was not dependent on the applicant. These employees would continue to get their salaries from GTE US as long as they remain in its employment. Accordingly, these employees performed managerial services as employees of GTE US and not as employees of the applicant. The receipt in the hands of GTE US and the employees spring from different sources, are of a different character and represent different species of the income. Amounts remitted by the applicant accrue and arise to GTE US in India for providing services to the applicant. The sum which accrues and arises to the employees is by virtue of their employment with GTE US. While the services were managerial in nature, the AAR ruled that it disagreed with the view that consultancy services being managerial services, the requirement under Article 12(4) of the tax treaty that these must be made available, ought to be satisfied. The AAR ruled that from the Memorandum of Understanding of the tax treaty, it is quite clear that the make available clause applies to technical services. In the present case, since the services are managerial in nature, the payment made by the applicant is covered under FIS as per Article 12 of the 3

tax treaty. The payment is also covered as a Fees for Technical Services under section 9(1)(vii) of the Act. The payment would be subject to tax withholding as provided by Article 12 of the tax treaty. Conclusion The ruling has been pronounced by the AAR on the basis of specific facts. The AAR concluded that though employees have been seconded to India through a secondment agreement, the overseas entity continues to control the employment terms. Further, the payment made by the applicant was for managerial services; hence, the make available clause does not apply and the payment was covered as FIS. While the AAR ruling is applicable to the specific assessee and the specific transaction, it would have persuasive value for similar arrangements. This AAR ruling could have far reaching implications as it has held that the make available clause does not apply to managerial services. In light of conflicting judicial precedents, the question whether reimbursement of salary costs to overseas company ought to be categorised as a fees for technical/included services and be subject to withholding tax, is a debatable issue. As such, in cases where there are employment secondment arrangements in place, requiring remittance of salary costs by Indian employers overseas, the facts and circumstances of the arrangement would require to be analysed carefully, on a case to case basis, to determine the tax implications. This ruling follows the AAR s decision in the case of At & S India Pvt. Ltd. 2 wherein it was held that reimbursement of remuneration pertaining to qualified personnel seconded by a group company was taxable as fees for technical services. It may be noted that recently the Delhi tribunal in the case of Karlstorz Endoscopy India Pvt. Ltd 3 ruled that reimbursement of salary cost of the managing director who was seconded for providing technical services will not be considered as a fees for technical service. The decisions in the case of Cholamandalam Ms General Insurance Co. Ltd. 4 and IDS Software Solutions India Pvt. Ltd. 5 were also on the similar lines. 2 At & S India Pvt. Ltd., In re [2006] 287 ITR 421 (AAR) 3 ACIT v. Karlstorz Endoscopy India Pvt Ltd [2010-TII-135-ITAT-DEL-INTL] 4 Cholamandalam Ms General Insurance Co. Ltd., In re [2009] 309 ITR 356 (AAR) 5 IDS Software Solutions India Pvt. Ltd. v. ITO (IT) [2009] 122 TTJ 410 (Bang) 4

Our Offices For private circulation only Ahmedabad President Plaza, 1st Floor Plot No 36 Opp Muktidham Derasar Thaltej Cross Road, SG Highway Ahmedabad, Gujarat 380054 Phone +91-79 3091 7000 Bangalore 6th Floor, Millenia Tower 'D' 1 & 2, Murphy Road, Ulsoor, Bangalore 560 008 Phone +91-80 4079 7000 Bhubaneswar IDCOL House, Sardar Patel Bhawan Block III, Ground Floor, Unit 2 Bhubaneswar 751009 Phone +91-674-253 2279 / 2296 Chennai PwC Center, 2nd Floor 32, Khader Nawaz Khan Road Nungambakkam Chennai 600 006 Phone +91-44 4228 5000 Hyderabad #8-2-293/82/A/113A Road no. 36, Jubilee Hills, Hyderabad 500 034, Andhra Pradesh Phone +91-40 6624 6600 Kolkata South City Pinnacle, 4th Floor, Plot XI/1, Block EP, Sector V Salt Lake Electronic Complex Bidhan Nagar Kolkata 700 091 Phone +91-33 4404 6000 / 44048225 Mumbai PwC House, Plot No. 18A, Guru Nanak Road - (Station Road), Bandra (West), Mumbai - 400 050 Phone +91-22 6689 1000 Gurgaon Building No. 10, Tower - C 17th & 18th Floor, DLF Cyber City, Gurgaon Haryana -122002 Phone : +91-124-3306 6000 Pune GF-02, Tower C, Panchshil Tech Park, Don Bosco School Road, Yerwada, Pune - 411 006 Phone +91-20 4100 4444 For more information contact us at, pwctrs.knowledgemanagement@in.pwc.com The above information is a summary of recent developments and is not intended to be advice on any particular matter. PricewaterhouseCoopers expressly disclaims liability to any person in respect of anything done in reliance of the contents of these publications. Professional advice should be sought before taking action on any of the information contained in it. Without prior permission of PricewaterhouseCoopers, this Alert may not be quoted in whole or in part or otherwise referred to in any documents 2011 PricewaterhouseCoopers. All rights reserved. "PwC", a registered trademark, refers to PricewaterhouseCoopers Private Limited (a limited company in India) or, as the context requires, other member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity. 5