Report on Indian indirect transfer rules may benefit foreign investors

Asia-Pacific Tax Newsalert

In a significant development, a government-appointed Committee has recommended that India's indirect transfer rules should not apply retroactively, but prospectively only. In addition, the Committee recommended that the rules should not apply to intra-group restructuring. Foreign investors should find that these recommendations would lend certainty to the operative aspects of India's new indirect transfer tax rules.

Return to Tax research and insights
Asia Pacific Tax Newsalert archive