Indian Tax Authorities Show UK How it’s Done

The Indian tax authorities have a reputation for standing up for India and Indian tax law, and that includes US multinationals operating there. Sadly a lot of spin has been directed at the Indian authorities. In a dignified but robust statement the Indian finance minister Arun Jaitley is reported to have said “Our fairness has been partly misunderstood. The converse of tax terrorism is not a tax haven…..Let it be clearly understood that India is not so vulnerable that every legitimate tax demand can be considered as tax terrorism, because we are not a tax haven and we don’t intend to be one.”

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
This entry was posted in Tax and Accounting News and tagged , , , , . Bookmark the permalink.

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