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.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap