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Jul 13, 2015

India: Recent Developments Regarding Minimum Alternate Tax

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Over the past few months, several foreign portfolio investors registered in India have received notices from the Indian tax authorities demanding payment of Minimum Alternate Tax in respect of transactions which took place over the course of prior assessment years. The Indian Government has indicated that it could raise several billions of dollars from pursuing foreign investors for this tax, suggesting that more demands are likely to be issued.

View full memo, India: Recent Developments Regarding Minimum Alternate Tax

Authors and Contributors

Matthew Bersani

Partner

Capital Markets

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+852 2978 8096

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Sidharth Bhasin

Partner

Mergers & Acquisitions

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+65 6230 3839

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Azam Aziz

Partner

Derivatives & Structured Products

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Donna Parisi

Partner

Derivatives & Structured Products

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John (Sean) Finley

Partner

Investment Funds

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Laura Friedrich

Partner

Investment Funds

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+1 212 848 7411

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Geoffrey Goldman

Partner

Derivatives & Structured Products

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Nathan Greene

Partner

Investment Funds

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+1 212 848 4668

New York