India becomes 1st country to give to UN Tax Fund with $100000 contribution

Posted on:30 Jun 2017 13:19:31
India becomes 1st country to give to UN Tax Fund with $100000 contribution
30 June 2017 Current Affairs:

  • India has contributed $100,000 to a United Nations fund to help developing countries actively participate in the discussion of tax issues, becoming the first country to make the contribution.

  • The UN Tax Committee a subsidiary body of the UN Economic and Social Council (ESOSOC) provided guidance on current issues such as double taxation treaties, transfer pricing (profit shifting) taxation of the extractive industries and taxation of services.


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