Story Of The Year: The Taxman cometh

Phase one of Ops Mega involves the audit of 15 local and foreign banks with offshore dealings in Labuan for “potential transfer pricing”


India slips in OECD ratings on exchange of tax info

A pertinent suggestion for India, is to "ensure the quality of the exchange of information requests sent to tax authorities of other countries and an efficient communication with its EoI partners, in all cases".