income tax mastercard case

The Applicant belongs to the MasterCard Incorporated group of companies, one of the leading global payment solution providers facilitating financial institutions, businesses, merchants, cardholders and governments worldwide to use electronic forms of payment instead of cash and cheques. The Applicant is a wholly owned indirect subsidiary of MasterCard’s wholly owned direct Delaware incorporated subsidiary, MasterCard International Incorporated (“MCI”). The Applicant is the regional headquarter for the Asia Pacific, Middle East and Africa (“APMEA”) region and carries out the MasterCard group’s principal business of transaction processing and payment related services under a family of products including “MasterCard”. “Maestro” and “Cirrus” in the APMEA region. 


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