India sends tax avoidance warning over Mauritius share buy-back

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India sends tax avoidance warning over Mauritius share buy-back

Jack Grocott
April 04 2012
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India’s Authority for Advance Rulings (AAR) has held that a proposed buy-back of shares held by a Mauritian shareholder in an Indian company is a tax avoidance scheme and should be taxable as a dividend.

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Jack Grocott worked at ITR between 2008 and 2012
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