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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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Two reasons why Elon Musk routed Tesla's India venture via Amsterdam


Two reasons why Elon Musk routed Tesla’s India venture via Amsterdam
Navdeep YadavJan 18, 2021, 18:22 IST
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According to an Economic Times report, Tesla Motors and Energy, India incorporation document says that the Tesla Motors Amsterdam is the parent of the Indian subsidiary and not the US arm.
The billionaire and the owner of Tesla,
Elon Musk, has chosen the tax-friendly jurisdiction of the Netherlands to route its India investment.
Sridhar Ramachandran, a tax partner at Grant Thornton Bharat, told Business Insider this route would help Tesla with tax benefits related to capital gains and dividend payments. Billionaire and the owner of Tesla, Elon Musk, has chosen the tax-friendly jurisdiction of the Netherlands to route its India investment. According to an ....

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