Recent Developments on Indian Tax Treaties and Overseas Securities Transfers

19
January
Thursday
11:00 AM
19
January
Thursday
12:00 PM
Recent Developments on Indian Tax Treaties and Overseas Securities Transfers
 
The Indian Government has successfully concluded negotiations with the Governments of Mauritius, Cyprus, Korea and Singapore to amend these tax treaties in 2016   as a part of its policy move to a source based taxation of capital gains on shares.   Three of these treaties provide for changes that are prospective in nature that maintain status quo for investments made prior to 1 April, 2017. Additionally the December 2016 tax circular addressing the legal position for taxability of gains arising from overseas transfer of shares or interest in foreign companies or entities set-up or registered outside India also has implications for firms with investments in India. 

USIBC invites you to join us for a webcast with PwC's speakers for their insights on these developments and the potential business impact on investments in India. 
 
About the Speakers

Vikram Bohra is a Tax Partner with PwC.  He is a CA with more than 15 years of experience in the field of tax and regulations including advising on matters involving income-tax, foreign direct investment & regulations framed by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI).  As part of the Financial Services' tax & regulatory practice of PwC, Vikram handles a complete suite of financial services clients such as Banks, Non-Banking Finance Companies, Brokerage Firms, Alternative Investment Funds (across asset classes), Wealth / Portfolio Managers and other Portfolio and Institutional investors. 
 
Abhishek Goenka is a Tax Partner in PwC. He leads the firm's Tax and Regulatory practice in Bengaluru. He is also the Tax Leader for Real Estate and has wide experience in corporate tax, M&A tax and international tax, in addition to regulatory and policy matters.   Abhishek advises major international and domestic companies on a range of tax and regulatory issues arising in the areas mentioned above. He is currently working with a number of Fortune 500 IT companies on their compliance with corporate tax and transfer pricing regulations and controversies relating to these. In addition, he has significant practical experience in the areas of cross-border restructuring and business re-organisation.
 

Please email Nileema Pargaonker at npargaonker@usibc.com to register.

Dial-in details will be sent to all registrants prior to the call