India’s positive list to determine which services are taxable is outdated, overly complex and in need of reform and companies are cautiously looking forward to the planned introduction of a negative list of services. Salman Shaheen looks at the ways in which the change will make life easier for taxpayers and finds out if there will be any pitfalls.
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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