The German government’s proposals for an ecological tax are proof of the old saying that if you try and please everyone you end up pleasing nobody. Plans to tax the use of energy and channel revenue into statutory non-wage costs have split Germany’s coalition government, and has attracted criticism from unlikely bedfellows Greenpeace and the German Federation for Industry.
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The country has overseen better audit procedures and demonstrated commitment to acting as a 'regional leader' on international tax matters, the OECD said
Authors from Khaitan & Co evaluate the recent CBDT notification, whereby legacy investments made by investors continue to be exempt from the applicability of GAAR
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