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

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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.

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Sophie Ashley worked at ITR between 2010 and 2015
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