“This is a significant change and would
resolve funding issues for these service
and trading companies which so far
had to rely only on equity capital from
their parent companies for funding
requirements.”
- Maulik Doshi
Bloomberg Quint - 20 January 2019
Story - How New ECB Rules Change India Inc.’s Borrowing Plan
“It is recommended for MNE Groups
to comply with the new deadline to
avoid strict penalty implications for
non-compliance, especially given that
there is no guarantee that the impacted
jurisdictions (such as the US) would enter
into a MCAA with India before March 31,
2019.”
- Maulik Doshi
TP News - 14 January 2019
Story - Indian tax authority sets new CbC reporting deadline for US subsidiaries
“India is on the brink of overhauling
its tax system, implementing the BEPS
project and seeing a further evolution
of the GST despite this being an election
year.”
- Maulik Doshi, Jigar Doshi
Business Standard - 5 January 2019
Story - What to expect on the tax front in 2019