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308) Which one of the following situations best reflects “Indirect Transfers” often talked about in media
recently with reference to India?
(a) An Indian company investing in a foreign enterprise and paying taxes to the foreign country on the
profits arising out of its investment

(b) A foreign company investing in India and paying taxes to the country of its base on the profits
arising out of its investment

(c) An Indian company purchases tangible assets in a foreign country and sells such assets after their
value increases and transfers the proceeds to India

(d) A foreign company transfers shares and such shares derive their substantial value from assets
located in India

ECONOMY UPSC,MPSC, QUIZ, MCQ
308) Which one of the following situations best reflects “Indirect Transfers” often talked about in media
recently with reference to India?
(a) An Indian company investing in a foreign enterprise and paying taxes to the foreign country on the
profits arising out of its investment

(b) A foreign company investing in India and paying taxes to the country of its base on the profits
arising out of its investment

(c) An Indian company purchases tangible assets in a foreign country and sells such assets after their
value increases and transfers the proceeds to India

(d) A foreign company transfers shares and such shares derive their substantial value from assets
located in India
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308) Which one of the following situations best reflects “Indirect Transfers” often talked about in media

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