India’s Ministry of Finance has been upping its efforts to lure foreign investors by reassuring them the country’s tax regime is not unfairly targeting foreign multinationals. It is even going to the trouble of holding a weekly audience for taxpayers. But have multinationals heard this all before? Joe Dalton discovers why tax directors remain wary when they hear the Indian government make tax promises, and what measures might restore their confidence.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
A global tax framework may not materialise anytime soon, but a common set of principles is becoming increasingly necessary, Rudolf Winkenius also tells ITR
While pillar two can progress without the US, it won’t reach the same heights without American involvement, argues Renáta Bláhová, founding partner of BMB Partners Taxand
The deal comes after PwC had accused Paul McNab of using confidential information; in other news, McDermott hired a new London tax head from a US rival
Looking at transfer pricing simplification is “obviously helpful”, but it should be done in line with current standards, a senior government figure reportedly said