In September foreign IT companies were attacked by the Indian media for the low profits they are booking in the country, compared to domestic firms. Practitioners warn, though, that it is not as cut-and-dry as it seems. Sophie Ashley speaks to the high-tech industry to find out more about the problems they are facing and how they operate efficiently in India.
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Chinwe Odimba-Chapman was announced as Michael Bates’ successor; in other news, a report has found a high level of BEPS compliance among OECD jurisdictions
The KPMG partner tells ITR about Sri Lanka’s complex and evolving tax landscape, setting legal precedents through client work, and his vision for the future of tax