Articles for Transfer Pricing

Time to fix the way governments tax multinational companies
1 year, 7 months ago

Time to fix the way governments tax multinational companies

Hindustan Times  

TAX COMPANIES too much, and growth will shrivel. Meanwhile the pandemic is forcing governments to find ways to plug their fiscal deficits, not least the Biden administration, which wants to increase multinationals’ tax rate. The best hope for an amicable outcome lies in a forum run by the OECD, a club of mainly rich countries, where this summer 139 countries …

Countries Oecd Tax Havens Transfer Pricing
I-T ‘survey’ at BBC offices sparks row
1 year, 10 months ago

I-T ‘survey’ at BBC offices sparks row

Hindustan Times  

Officials from the income tax department on Tuesday visited the offices of BBC in Delhi and Mumbai to carry out what they termed a “survey”, sparking a political row. Income tax officials who asked not to be named linked the survey to possible tax evasion by the company, including violation of “transfer pricing rules”. People familiar with the developments said …

India Delhi Mumbai Tax Congress Gujarat Documentary
Income Tax Dept carries out a survey at BBC office in Delhi: Here are the three things for which the UK state-sponsored media house is under fire
1 year, 10 months ago

Income Tax Dept carries out a survey at BBC office in Delhi: Here are the three things for which the UK state-sponsored media house is under fire

Op India  

The Income Tax Department is carrying out survey at the BBC office in Delhi, ANI reported. Income Tax department is conducting survey at the BBC office in Delhi: Sources pic.twitter.com/vqBNUUiHTD — ANI February 14, 2023 BBC is the state- The BBC survey was carried out at the BBC premises in view of the BBC’s deliberate non-compliance with the Transfer Pricing …

Delhi Survey Bbc Office Transfer Pricing
Period Of Limitation Under S.153 Of Income Tax Act Applies To Remand Proceedings : Madras HC
2 years, 6 months ago

Period Of Limitation Under S.153 Of Income Tax Act Applies To Remand Proceedings : Madras HC

Live Law  

The Madras High Court recently observed that the period of limitation under the Sections 153 or 153 was applicable even for remad proceedings before the Assessing Officer, Transfer Pricing Officer or the Dispute Resolution Panel. By a common order dated 18.12.2015, the Tribunal allowed the appeals by setting aside the orders of the assessing officer and remanding the matter to …

Tax Assessment Income Tax Income Tax Act Order Income Limitation
Union Budget 2021: Global firms, Indian MNEs better off with predictable tax regime, transfer pricing certainty
3 years, 10 months ago

Union Budget 2021: Global firms, Indian MNEs better off with predictable tax regime, transfer pricing certainty

Firstpost  

The economy crippled by the pandemic is showing signs of a rebound. Global and Indian multinational enterprises while focussing on business want a predictable tax regime and often regard transfer pricing as a key risk for cross-border transactions and structures. It would also supplement India’s successful Advance Pricing Agreement programme and provide long-lasting transfer pricing certainty. The APA programme itself …

India Tax Budget Indian Transfer Pricing Transfer Pricing