A Nightmare Tax PoEM # poem tax india

This December Tax Santa brings a nightmare tax poem

# poem tax india

A draft concept of determining Tax residency issued by CBDT on 23rd December 2015 which compelled tax payers to rethink before tax planning.

In a nutshell of draft, you will find that-

A company said to be a Tax Resident of that country only, where the company sing a PoEM

*PoEM stands for Place of effective management.