Taxman stumps Irish firms, upturns aircraft deals

Ireland-based aircraft leasing firms, long favored by Indian airlines, face scrutiny from India’s tax department for possibly exploiting tax treaties. India questions these firms’ tax benefits, suspecting they’re set up in Ireland to avoid taxes. This issue coincides with GIFT City’s promotional efforts for setting up aircraft leasing businesses in Gujarat.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *