Friday, January 1, 2021

SaaS startups may come under tax lens for adopting flipped structure

Revenue authorities feel India is getting shortchanged as flipping results in significant value being captured outside India without corresponding taxes being paid here.

from Tech-Economic Times https://ift.tt/3pB63eH

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...