Key tax trends emerging from recent cycle of tax audits
23 November 2021 | 5.30 p.m. to 6.30 p.m. IST
The recent tax assessment cycle in India saw greater focus and attention of the Indian tax authorities on variety of international tax issues. Several MNCs witnessed a flurry of tax adjustments on issues related to Permanent Establishment (‘PE’), royalty and fees for technical services, taxability of software payments, denial of tax treaty benefits and so on.
The experiences from the recent assessment cycle bring to light the key areas of focus in the course of tax assessments, the position of the Indian tax authorities on emerging international tax issues and their overall approach on the matter.
Given the above backdrop, KPMG in India hosted a webinar where our experts shared their insights from a practical stand-point and suggested measures that taxpayers may take for tackling tax assessments as also different options available to them to defend their position before higher forums.
Partner and Head of Tax (West)
KPMG in India