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Why India is at a critical stage in tax policy development - India Tax Forum 2013

The Indian economy grew by 5% in 2012. Outstanding by any other country’s standards, except China’s, but not enough as an annual rate if it wants to create prosperity for all of its more than 1 billion citizens.

Critical to that is a stable, predictable, simple and fair system that will attract foreign direct investment. That is the government’s intention, but how does it achieve this?

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International Tax Review’s fourth annual India Tax Forum, which is free of charge to in-house tax executives, will feature these issues and more at the Leela Palace Kempinski hotel (right) in Delhi on September 4 and 5.

The government’s tax dispute with Vodafone is unresolved, despite a Supreme Court judgement in favour of the taxpayer almost 18 months ago. Swingeing assessments against international companies seem to be on the increase, and some rulings and decisions from the tribunals and courts are not helping the government’s aim to attract more foreign direct investment.

Government officials, tax executives and practitioners will participate in panels at the conference that will cover, for example:

  • The future of Indian tax policy;

  • The advantages and disadvantages for companies of using the limited risk distributor model in India;

  • How taxpayers can avail of dispute resolution mechanisms;

  • When taxpayers can expect the introduction of the Direct Taxes Code and a national goods and services tax;

  • International tax developments, such as the OECD’s projects on intangibles and base erosion and profit shifting; and

  • The processes and procedures taxpayers need to manage their tax risk in India.

The conference, which is free to in-house tax executives, has become an important opportunity for senior tax officials, executives and practitioners to exchange views and experiences. It was heavily oversubscribed last year, so please visit our website to read the agenda and then contact Marina Fabri to book your place.

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