Technology transfer involves sharing skills, knowledge, technologies and methods between organizations to make scientific and technological developments more widely accessible. It includes activities like evaluating inventions, marketing technologies, licensing, protecting intellectual property, and assisting in business creation. Tax issues arise for the home country exporting the technology, the host country importing it, and multinational companies. Payments related to international technology transfer like royalties and fees for technical services are taxable in the hands of the foreign recipient in India. Tax policies can increase costs and reduce returns from technology transfer.

1. CONSULTANCY & TECHNOLOGY TRANSFER: TAX PERSPECTIVE DHANYA N. MENON ALTACIT GLOBAL http://www.dvd-ppt-slideshow.com