This content is from: Revamp of taxation landscape for services in India Supriya Jain of KPMG looks at important changes that are happening to service taxation in India. April 26 2012
This content is from: United States Transfer pricing on BRICS' agenda at IMF and World Bank meetings next week The theme of this week's IMF and World Bank Spring Meetings is closing the gap (including financial, gender and jobs, etcetera) so tax and transfer pricing are expected to come up during the discussions between the 13... By Sophie Ashley April 18 2012
This content is from: India Philip Baker explains why UK retroactive tax legislation is misunderstood Philip Baker QC, of Gray's Inn Tax Chambers in London, explains why comparisons made between Indian and UK retroactive tax law amendments are ill-informed and fail to reflect an accurate understanding of the UK practi... April 18 2012
This content is from: Brazil Owens spells out tax implications of responses to economic problems The previous head of tax at the OECD has said that the global economic problems of the last few years highlight the need for new regulatory and tax environments. By Ralph Cunningham April 17 2012
This content is from: India Vodafone continues fight with India Vodafone is continuing its fight with India and has threatened to take the country’s government to international arbitration. By Jack Grocott April 17 2012
This content is from: TEI explains objections to Indian retrospective amendment Several organisations, including the Tax Executives Institute (TEI) have written to Indian prime minister Manmohan Singh and finance minister Pranab Mukherjee, outlining their objections to the government’s decision t... By Matthew Gilleard April 16 2012
This content is from: India India rules officers cannot disallow royalty based on incurred losses The Delhi High Court has ruled that the transfer pricing officer (TPO) cannot disallow royalties just because the company paying them is incurring losses. By Sophie Ashley April 16 2012
This content is from: India Study team inches India closer to GST The Indian government has established a study team to look at the possibility of harmonising service tax and central excise. By Salman Shaheen April 12 2012
This content is from: India Ex-Indian official explains why Vodafone had a lucky escape In an exclusive interview with International Tax Review, Girish Srivastava, ex-Director General of Income Tax (International Taxation) in the Indian government talks Vodafone, retrospective amendments, and why taxpaye... April 10 2012
This content is from: India India’s officials given enhanced powers to audit international transactions A measure introduced in last month’s Finance Bill will enhance the powers of transfer pricing officers (TPOs) to audit international transactions which have not been referred by assessing officers (AOs), possibly beca... By Joe Dalton April 09 2012
This content is from: India India sends tax avoidance warning over Mauritius share buy-back 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. By Jack Grocott April 04 2012
This content is from: United States How India, the UK and US are expanding their tax base With an increasing interest in international tax norms and trying to apply best practices, there is increasing uncertainty for taxpayers and tax administrations. One result of all of this, coupled with the fact that a... By Matthew Gilleard April 02 2012
This content is from: India COMMENT: Why Osborne should tread carefully about Indian tax UK finance minister George Osborne should not be using today’s visit to his Indian counterpart to complain about the Indian tax system, he should be patting him on the back and telling him to keep up the good work. By Jack Grocott April 01 2012
