Description
Wolters Kluwer Evolving Trends In International Taxation - India & Globally by IFA International Fiscal Association
Evolving trends in International Taxation - India & Globally
About the Book
IFA (International Fiscal Association) have taken a lead to connect with the Experts in the field of International Taxation and has compiled their thoughts in this publication.
This publication is a compilation of 28 articles vide which more than 40 Tax experts deliberates the core critical issues of the taxation world and also throw light on the major tax developments in India and globally. These articles are arranged in five major segments, primarily Tax Challenges and Developments in India, Transfer Pricing in India, GAAR, BEPS and Tax Developments – Globally.
Tax Challenges & Developments in India throws light on the Tax Challenges and future scenario of Litigation. The criticality and implications of “Diverted Profits Tax” are covered exhaustively. Not only Direct Tax but also implications of GST (Goods and Service Tax) regime have been discussed with respect to the ‘Sales of Goods from Custom Bonded Warehouse’.
Transfer Pricing in India covers topics like Future of Litigation – DRP, APA, MAP and Arbitration, Big data and Transfer Pricing, Multilateral Instruments, Anti-Fragmentation, Permanent Establishment, Business Restructuring and Marketing Intangibles.
The segment GAAR, highlights the origin of GAAR to its current form and the major developments around it. BEPS, the fourth segment, focusses on the complexity of the “Digital Economy” emphasizing on the BEPS Action Plan 1. BEPS Action Plan 7 & 13, being most crucial for India, have been discussed comprehensively.
Tax Developments - Globally, discusses the tax reforms which the world is experiencing with focus on US, Singapore, Korea, Mauritius and UK.
These Articles have been supported by flowcharts, diagrams which have been designed to simplify the concepts and make them comprehensive. The thoughts of the experts are summarized at the end of each write-up for quick takeaways.
The Articles have discussion on:
• Transfer Pricing
• GAAR
• BEPS
• Tax Developments – India & Globally