Putting Deals through a Microscope | Traversing Transactions attempts at dissecting a deal by analyzing various aspects and nuances of an M&A Transaction, traversing through a complex mesh of Commercial, Regulatory, and Tax ("CRT") imperatives!
Putting Deals through a Microscope | Traversing Transactions attempts at dissecting a deal by analyzing various aspects and nuances of an M&A Transaction, traversing through a complex mesh of Commercial, Regulatory, and Tax ("CRT") imperatives!
Putting Deals through a Microscope | Traversing Transactions attempts at dissecting a deal by analyzing various aspects and nuances of an M&A Transaction, traversing through a complex mesh of Commercial, Regulatory, and Tax ("CRT") imperatives!
MoneyControl: Proposed tweaks to India–France tax treaty may further reduce attractiveness of P-notes issued from that country
My take on the recent revision in the India – France DTAA, as quoted in MoneyControl. Clearly, an increased withholding tax rate for shareholders with less than 10% marks a distinction between portfolio investors and strategic investors. Coupled with the amendment that capital gains tax also would be fully sourced based irrespective of 10% holding (which was there earlier), the post tax IRR from French portfolio investors would consequently be lower.