India’s Ministry of Finance has put a new competent authority in place and announced that the government is keen to provide a suitable mechanism for resolving tax disputes with foreign multinationals. Advisers say the government may finally be backing up Minister of Finance Palaniappan Chidambaram’s rhetoric on attracting foreign direct investment (FDI) with some concrete action.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The increasing sophistication of India’s taxation system has led to complexity across tax treaty benefits, permanent establishments, transfer pricing and more, say Sanjay Sanghvi and Ujjval Gangwal of Khaitan & Co
The firm’s final report outlined new mandatory staff training designed to enhance ethical conduct; meanwhile former PwC Australia partner Wayne Plummer has been cleared of wrongdoing
Skatteforvaltningen is being represented by international law firm Hughes Hubbard in its efforts to reclaim monies related to an alleged long-running international fraud
SafeSend automates the ‘last mile’ of the tax return, according to Thomson Reuters; in other news, law firm White & Case has expanded its global tax practice in the US