Tax & Accounting Blog

India’s Changing SCOMET Control Landscape

India’s Changing SCOMET Control Landscape

Blog, Global Trade, ONESOURCE September 16, 2016

In India the export of dual-use or strategic items are mainly regulated by the Director General of Foreign Trade (DGFT). Items considered dual-use are prohibited or restricted and require a license for permission to export from India. Dual-use items are classified as Special Chemicals, Organisms, Materials, Equipment and Technologies (SCOMET).  The SCOMET list covers goods, … Read More

Ireland House of Representatives Supports Appeal of Apple State Aid Ruling

Ireland House of Representatives Supports Appeal of Apple State Aid Ruling

On September 7, 2016, Irish Finance Minister Michael Noonan spoke to the House of Representatives (Dáil Éireann), seeking support to appeal the European Commission's decision that tax rulings issued by Ireland to Apple in 1991 and 2007 constituted illegal stated aid. On the same date, the Irish Department of Finance issued … Read More