- 01-09-2013, 03:17 PM #4----
My Device History circa 2007:
Nokia 920 > Nokia 900 > HTC Titan > HP Pre 3 > HP Veer > Palm Pre 2 > HTC Evo > Palm Pre > iPhone 3G > iPhone
01-09-2013, 03:42 PM #5
- 225 Posts
I think reports of a low-priced, emerging markets, iPhone are compounding today's rout. That has me more worried than what I perceive as a cash grab by overzealous Indian officials. FWIW, I think the India tax issue will fizzle out, once India sees the response by other international companies by way of threats to reduce their investments in India.
01-09-2013, 07:47 PM #7
- 225 Posts
This might have helped the Nokia "raid" story perspective. From October 2012:
Software sector to gain from Nokia tax case ruling
A recent ruling by the Delhi High Court on taxability of payment for software supplied along with hardware is a huge relief for the software industry.
The High Court ruled in a case of Nokia Networks that payment for software would not qualify as ‘royalty’ under the India-Finland Double Taxation Avoidance Agreement (DTAA).
Business Line : Industry & Economy / Info-tech : Software sector to gain from Nokia tax case ruling
Retrospective amendment cannot override treaty; Sale of copyrighted article not taxable as royalty
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