Detaxification

To go with the Detaxification column in Taxation page of The Hindu Business Line

Tuesday, December 02, 2008

The developed nations now look at India Inc. as good and favourable investors

There's opportunity in every threat

An adverse outcome in the Vodafone case may hamper foreign investment flow into India and act as a barrier for investments into India, cautions Mr Magnus Johnsson, Global M&A Tax Head, PricewaterhouseCoopers. Companies would think twice before investing here as you don't want to pay tax (thereby reducing their effective returns) on selling the investments, he adds during a recent email interaction with Business Line.

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