The Indian minister for finance will have a challenge on his hands to manage taxpayers' expectations when he stands up in parliament to deliver his budget on July 6. He is facing demands from industry groups to reform the corporate tax system, including cutting rates, and pressure from multinational companies to deal with their priorities, such as transfer pricing risk.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The US president also unveiled a new 50% levy on copper imports; in other news, a UK wealth tax proposal has been criticised by the Institute for Fiscal Studies
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process