Recent Controversies in Cross Border Taxation

 Bombay Chartered Accountants' Society

Dear Member,

India is the third most favoured destination for global companies after China and the US, a United Nations report said on Thursday, while predicting that investment inflows could increase by more than 20% this year and next. Foreign direct investment (FDI) flows into India rose 30% to nearly $32 billion in 2011, while China drew $124 billion and Brazil attracted nearly $67 billion.

“The FDI inflows into India can go up by 20-25% this year and by about 20% next year, if the present trend continues,” said Nagesh Kumar, chief economist, United Nations Economic and Social Commission for Asia and the Pacific, while releasing Unctad’s World Investment Report 2012.

(Source: Business Standard 5^th July 2012 http://business standard.com/india/news/firms-see-india-3rd-most-favoured-destination-un-report/177578/on)

The increased cross border business and investment has brought spotlights on various controversies raging in Cross Border Taxation. Your Society has organised following lecture meeting to discuss this important subject:

We trust you all take benefit of the lecture meeting and attend in large numbers.