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Monday, March 8, 2021 SC” or “ Court”) while ruling in favour of the taxpayers has put to rest the controversy on characterization of payments made by Indian residents for use / resale of computer software (“ Judgement”). 1 The SC held that the amounts paid by resident Indian end-users / distributors to non-resident computer software manufacturers / suppliers, as consideration for the resale / use of the computer software through End-user Licensing Agreements (“ EULAs”) / distribution agreements, is not the payment of royalty for the use of copyright in the computer s...

Lixiang Education Acquired Youxi Software For The Layout of Online Education News provided by Share this article Share this article LISHUI, China, Feb. 4, 2021 /PRNewswire/ -- Lixiang Education Holding Co., Ltd. (the "Company" orNASDAQ: LXEH), a prestigious private primary and secondary education service provider in China, today announced that it has completed the acquisition of 100% of equity interest in Hangzhou Youxi Information Technology Co., Ltd. ("Youxi Software") for the layout of online education of the Company. Youxi Software was founded in 2018 and has developed five software with...

Font Size: Don’t look now, but Google is in trouble. The end of 2020 has brought with it a flurry of lawsuits targeting the tech giant’s allegedly unlawful business practices. In late October, the Justice Department pursued antitrust charges for  “[using] anticompetitive tactics to maintain and extend its monopolies in the markets for general search services, search advertising, and general search text advertising,” according toThe Wall Street Journal. This month, two separate coalitions of attorneys general from dozens of states have also filed suits for similar reasons. The qu...