Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
GameStop Misses Q3 Revenue Estimates as Digital Shift Pressures Growth 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
US automaker Tesla has decided to route its investment in India via the Netherlands to avail of a treaty between the two countries that lower capital gains tax.
The India-Netherlands treaty stands out because of capital gains tax exemption where India shares are sold by the Dutch company to a non-Indian buyer, according to Rajesh Gandhi, a partner at Deloitte India.
Tesla's corporate structure in India would make Tesla Motors Amsterdam the parent company for Tesla Motors and Energy, India.
Tax experts also pointed out that investing in the tax-friendly jurisdiction of the Netherlands would also allow Tesla to lower rates for dividend taxes and withholding taxes.
US-based companies have been investing via the Netherlands for its favorable tax rates and strong intellectual property protection framework.
Tesla’s choice of the Netherlands is an exception to the general trend in the auto industry.
MG Motors, which entered India in 2017, invested via China, while Indian investments of KIA Motors came from South Korea.
Experts noted that choosing tax havens to route investments is no longer that simple due to increasing anti-avoidance laws.
A good example is the amendment of India’s tax treaties with Mauritius and Singapore, formerly among the largest sources of foreign direct investments in India, along with Cyprus, which have long been suspected to aid treaty shopping and round-tripping.
