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Why Tesla's India Investment Has Been Routed Via Holland

Why Tesla s India Investment Has Been Routed Via Holland
Why Tesla s India Investment Has Been Routed Via Holland
Sridhar Ramachandran, from Grant Thornton Bharat, said that that the tax benefits related to capital gains & dividends would give Tesla benefits.
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The treaty between India and Netherlands is at the heart of this
Tesla is expected to launch the Model 3 later this year in India
Last week it was revealed that Tesla had incorporated an Indian entity. It was also revealed that Tesla is setting up base in Bangalore, however, now it has been revealed that Elon Musk s company has routed the investment in the Indian venture via Amsterdam. Tesla Motors Amsterdam is the parent of Tesla India Motors and Energy India. ....

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Tesla India investments will be routed through Netherlands division

January 18, 2021
Tesla’s incorporation documents for its impending India-based operations recently revealed that Tesla Motors Amsterdam would be the parent company for Tesla Motors and Energy India. This suggests that the Silicon Valley-based electric car maker’s division in the Netherlands will be the entity routing the company’s investments in India.
Tesla is currently registered in California, and Tesla Motors, the Netherlands is one of its subsidiaries. Tax experts have noted that the Netherlands is one of the top choices among high-profile US-based companies since the country offers favorable tax rates, while offering a robust intellectual property protection framework. ....

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Tesla arriving soon: What fans can expect in India - www.indianweekender.co.nz

Your dream of owning a Tesla electric car will soon be a reality as the company is set to begin its India journey with its highestselling Model 3 before the premium Model S and Model X which would be available later in the year and in early 2022 ....

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Tesla bucks trend, to route its India investment through Netherlands

Updated Jan 18, 2021 | 09:14 IST
Tax experts say that the Netherlands has been one of the top choices for US-based companies since it offers favourable tax rates, and has a strong intellectual property (IP) protection framework.
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New Delhi: Electric car maker Tesla to route its India Investment through the jurisdiction of the Netherlands, which is tax-friendly, in an exception to the general trend. Tesla Motors Amsterdam is the parent company for Tesla Motors and Energy, India, the
Economic Times mentioned in a report citing company’s incorporation documents. This corporate structure in India would offer Tesla tax benefits related to capital gains and dividend payments, say experts. ....

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Elon Musk's Tesla to take tax-friendly jurisdiction route to enter India

Elon Musk s Tesla to take tax-friendly jurisdiction route to enter India
Tesla has incorporated a company in Bengaluru - Tesla India Motors and Energy Private Ltd - with a paid-up capital of Rs 1 lakh and three directors. Its registered address is in the heart of the city, barely a kilometre from the high profile UB City complex
BusinessToday.In | January 18, 2021 | Updated 12:59 IST
Tesla CEO Elon Musk
As US-based electric car maker Tesla Inc plans its India entry this year, it has taken a tax-friendly jurisdiction route. The route taken by Elon Musk-led Tesla will allow it to avail benefits on capital gains and dividend payments. Also, the European country s strong intellectual property (IP) framework will allow Tesla to bring the latest technology to the country. ....

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