Why the OECD may look at capital receipts but India is unlikely to get its income tax wish granted

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Why the OECD may look at capital receipts but India is unlikely to get its income tax wish granted

Sophie Ashley
January 17 2014

India wants the OECD and the UN to consider the issue of capital receipts. The Ministry of Finance would like to see a more international acceptance of the recharacterisation of capital transactions as loans where interest income can be taxed.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

NewsItalyTransfer Pricing
SA
Sophie Ashley
Contact
Sophie Ashley worked at ITR between 2010 and 2015
more across site & shared bottom lb ros

More from across our site

Podcasts
Editable TT 640x360 article-thumbnail (4).png
Podcast: Side-by-side or upside down? Analysing the future of pillar two
The latest edition of Taxing Times with ITR covers all the controversy from a dramatic period for the carve-out deal, and also dissects the big four's AI strategies
Tom Baker, April 15 2026
Direct Tax
Gulf Cooperation Council GCC
Rethinking permanent establishment in the GCC after pillar two
Hany Elnaggar examines how the OECD’s global minimum tax is reshaping PE concepts across the GCC, shifting the focus from formal presence to substantive economic activity
Hany Elnaggar, April 14 2026
Direct Tax
Merger international
Ashurst Perkins Coie moves forward with partners’ vote
The combination between Ashurst and Perkins Coie, which will create a $2.8 bn law firm, is expected to close in Q3
Noemi Distefano, April 13 2026
Transfer Pricing
norton rose fulbright
Norton Rose Fulbright hires new TP head from Baker McKenzie
The ‘highly regarded’ Stephanie Pantelidaki, who has big four experience, will be based in the firm’s London office
Sam Sholli, April 13 2026
Direct Tax
Heggs_Kara.jpg
Newly-promoted Skadden UK partner talks TP, growth areas and HMRC collaboration
A co-operative working relationship with the UK tax agency has helped 'unblock entrenched positions' to the benefit of clients, Kara Heggs tells ITR
Sam Sholli, April 13 2026
Direct Tax
BDO
BDO planning to cut roughly 6% of partners in UK
New hires from rivals are reportedly being axed from the firm, following a steep decline in profits
Sam Sholli, April 10 2026
Direct Tax
Deloitte.jfif
A taxing week: Is Darren Graves the man to up Deloitte’s tax game?
Following Richard Houston’s switch to the newly formed Deloitte EMEA, Graves has the opportunity to bring Deloitte’s tax practice up to speed with its rivals
Sam Sholli, April 10 2026
Direct Tax
Cuatro Torres in Madrid
This week in tax: Dentons hires tax partner from DLA Piper in Madrid
Firms announced tax hires and promotions across Europe and the US, while fresh figures from Ireland showed corporation tax receipts edging down in the first quarter
Tom Baker, April 10 2026
Transfer Pricing
Jamaica
OECD hails Jamaica’s TP overhaul amid $7.7bn revenue intake
The country has overseen better audit procedures and demonstrated commitment to acting as a 'regional leader' on international tax matters, the OECD said
Sam Sholli, April 09 2026
Direct Tax
Google
Exclusive: UK tax barrister and campaigner renew war of words
Barrister Setu Kamal and policy guru Dan Neidle have clashed over the former’s legal action against Google, described as ‘bonkers’ by Neidle
Sam Sholli, April 09 2026
Gift this article