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Global tax deal: Impact analysis done, govt may talk on Pillar 2 in Budget

Business Standard LogoBusiness Standard4d ago

Global tax deal: Impact analysis done, govt may talk on Pillar 2 in Budget - Business Standard

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Adding to this, Sanjay Tolia, Partner, Price Waterhouse & Co LLP, said that around 150 Indian MNCs are covered under this pillar.

The first "pillar" of the agreement was aimed at reallocating the taxing right on companies, making them pay more tax in the place they do business.

It leverages these Indian MNCs preparing their annual Transfer Pricing Country by Country Reporting (CBCR) documentation."MNCs are evaluating the same," Tolia added.

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Published On: 2024-06-29 @ 20:54:29 (4 days ago)

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