UPSC Prelims GS - 2022

Question 8
MEDIUMCorrect: +2Incorrect: -2

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 transfersthe proceeds to India
    d
    A foreign company transfers shares and such shares derive their substantial value from assets located in India