A lack of evidence of legitimate business activity (or any business operations at all) undertaken by many of the parties to the transactions(s) Unusual financial nexuses and transactions occurring among certain business types (for example, a food importer dealing with an auto parts exporter) Trans...
4. Consider your supplier a partner Have you considered sharing your sales data with your suppliers? The odds are you probably haven’t. However, sharing sales data with your suppliers not only makes them feel like legitimate partners with you in your business ventures, it also gives them insi...
the Supreme Court said that the nature of the two payments would only be different if there was “no nexus with the original obligation” of the license holder. “A single transaction [the license fee] cannot be split up, in an artificial ...