Companies must meet some difficult challenges to remain compliant with India’s tax regime. The separate federal and state tax regulations, the aggressive attitude of tax authorities and the tendency for disputes to result in litigation all require close attention from taxpayers. Joe Dalton finds out how Indian tax directors meet these challenges and what the best structure for an Indian tax department is.
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The OECD had previously missed a June 30 deadline to agree an MLC on amount A; in other news, UK corporation tax bills surged to a record high last year