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Transfer Pricing Update - December 2010

India

December is always a month to reflect at the year that has gone by. As we do that in the context of transfer pricing environment in India, we are pleasantly surprised at the pace at which things are moving. Taxand India reflects on the latest transfer pricing changes and landmark cases that have happened in 2010.

Taxand's Take


Taxpayers should prepare themselves for the changes and examine their existing business structures, particularly in light of the proposed introduction of Controlled Foreign Corporations ("CFC") and General Anti Avoidance Rules ("GAAR") in India.

Read the full round up of 2010 Taxand India here Your Taxand contact for further queries is:
Mukesh Butani
T. +91 11 3081 5010
E. mukesh.butani@bmradvisors.com

Taxand's Take Author