Taxation and Fema ..cinema OTT platform

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414 Points Posted on 30 May 2022

We are a subsidiary of USA Co. We are coordinating cinema on OTT platform and earn forex thru parent Co. How to distribute earnings between parent and subsidiary and what FEMA / INCOME TAX provisions are to be complied with .please guide.

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On 30 May 2022 at 20:46 Report
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This discussion concerns a UK subsidiary of a US company operating a cinema OTT platform. They are seeking guidance on distributing foreign exchange earnings between the parent and subsidiary companies. Key areas of concern include compliance with FEMA regulations and Indian Income Tax provisions related to these cross-border transactions.

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CA
10436 Points Posted on 30 May 2022
I can help you out. Dropping the details in your inbox.
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On 30 May 2022 at 22:20
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414 Points Posted on 31 May 2022

Kindly help

bandyopadhyaykumarjayanta @ gmail.com 

Rgds

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On 31 May 2022 at 05:49

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