Tag: Guidelines For Establishing ‘Place Of Effective Management’ (PoEM) In India

The CBDT has issued Circular No 25 of 2017 dated 23rd October 2017 by which it has provided clarification related to guidelines for establishing ‘Place of Effective Management’ (PoEM) in India. The CBDT has in particular addressed concerns that as per the extant guidelines, PoEM may be triggered in cases of certain multinational companies with regional headquarter structure merely on the ground that certain employees having multi-country responsibility or oversight over the operations in other countries of the region are working from India, and consequently, their income from operations outside India may be taxed in India

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