Kaka proposed for top role at IFA

The executive committee of IFA yesterday unanimously agreed to propose Kaka to be nominated by the association's general council of IFA as president-elect of the association. The general assembly will decide on his appointment at the annual congress in Boston in October.

Kaka, who would be the first Asian to become president, would succeed Manuel Tron, who steps down when his four-year term comes to an end after the annual congress in Copenhagen in August 2013. IFA has more than 12,000 members spread across 100 countries.

The senior advocate is a regular contributor to International Tax Review. Read the advice he had to give on how to avoid tax disputes in India.