With an ever-increasing tax litigation backlog, India last year introduced its new dispute resolution panels to reduce the workload. But with the first round of orders being issued imminently, Rajesh Kapadia of GM Kapadia & Co questions the effectiveness of this new option.
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap