Indian MNEs delay lower tax rates to utilise MAT credits

Danish Mehboob

October 03 2019

Tax directors may walk away from lower corporate tax rates to save their MAT credits in short-term

Businesses with a large amount of minimum alternate tax (MAT) credits are choosing to use up the benefits before opting into India’s reformed corporate tax regime and losing the incentive.

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Danish Mehboob

Senior Reporter ITR

Danish reports on all matters of direct tax and BEPS. He covers a range of tax issues in these areas and what multinationals are doing to manage the tax burdens. Danish also specialises in tax technology and data management.

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