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India’s positive list to determine which services are taxable is outdated, overly complex and in need of reform and companies are cautiously looking forward to the planned introduction of a negative list of services. Salman Shaheen looks at the ways in which the change will make life easier for taxpayers and finds out if there will be any pitfalls.

This year's final figure of Rs44,500 crore ($8.9 billion) for transfer pricing adjustments in India is more than double last year's total.

The Australian Taxation Office (ATO) has finalised two tax determinations relevant for the taxation of gains made by other non-resident investors.

In the fourth in a regular series, Gautam Mehra and Nehal Sampat of PwC highlight the key challenges taxpayers face in key Indian industries. In this issue, the authors analyse the tax hurdles and opportunities in the private equity sector.

India has taken big steps, and continues to do so, in simplifying the way taxation operates in the country. But with tax authority aggression still as prominent as ever and challenges in the characterisation of income, legal classification of investment vehicles, structure of investors, and the country’s high corporate tax rate as key issues to be aware of for those investing in India, Matthew Gilleard outlines the challenges to expect and how to navigate around them.

India, with its increasingly popular service industry is finding the subject of intangible assets ever more difficult to tackle. Indian specialists are involved in the UN’s transfer pricing project for developing countries with specific arguments on location savings and bargaining power, though the government has said it will not provide specific guidelines at this stage and intends to wait upon the results of the OECD’s project on the transfer pricing aspects of intangibles. Sophie Ashley looks at the issue of bargaining power in India and what it means in the debate on intangible assets.

A ruling from India has confirmed that treaty shopping is not taboo and should not warrant enquiry from the authorities.

Two recent rulings have highlighted the inconsistency of how India tackles the taxation of royalties. Gagan Kumar of Archer & Angel highlights the controversy surrounding the characterisation of payment for use of software as royalty or business profits.

How to work most effectively with large businesses, how to improve the efficiency of tax administrations and offshore compliance will be on the agenda when the world’s most senior tax officials meet in Buenos Aires today and tomorrow.

An Indian high court ruling has clarified one of the important issues surrounding tax holiday computation when a holiday period has ended.