GAAR: A dynamic move in the right direction?
Wednesday, July 11, 2012
| Posted by: Grant Thornton
Categories:
India,
India Watch Issue 17
| Tags: transactions,
GAAR,
FDI,
foreign investment,
M&A activity,
Tax,
General Anti Avoidance Regulations,
Coal,
domestic business,
Tax avoidance,
treaty provisions,
tax authorities
The General Anti Avoidance Regulations (GAAR) have made a debut in India. These provisions, effective from April 2013, may impact cross-border deals, foreign investments into India and domestic business transactions. So is this a move in the right direction?
