India, US Ink Pact To Check Tax Evasion By MNCs

Posted on:28 Mar 2019 13:08:22
India, US Ink Pact To Check Tax Evasion By MNCs
28 March 2019 Current Affairs: India and the US signed an agreement for the exchange of country-by-country (CBC) report.
The move will give huge relief to subsidiaries of US-headquartered companies in the taxation-related matter.
The agreement was signed by PC Mody, Chairman, Central Board of Direct Taxes (CBDT), and Kenneth I Juster, US Ambassador to India.
India and the US signed an agreement for the exchange of country-by-country (CBC) report.
The move will give huge relief to subsidiaries of US-headquartered companies in the taxation-related matter.
The agreement was signed by PC Mody, Chairman, Central Board of Direct Taxes (CBDT), and Kenneth I Juster, US Ambassador to India.

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