Shearman & Sterling LLP (JD Supra India)

1 result for Shearman & Sterling LLP (JD Supra India)

  • India: Recent Developments Regarding Minimum Alternate Tax

    Over the past few months, several foreign portfolio investors registered in India have received notices from the Indian tax authorities demanding payment of Minimum Alternate Tax in respect of transactions which took place over the course of prior assessment years. The Indian Government has indicated that it could raise several billions of dollars from pursuing foreign investors for this tax,...

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