Global Tax Committee Content

ICI is surveying members investing in India regarding their experience either undergoing or considering a reorganization and the India tax implications for their funds.

ICI crafted and coordinated a submission on behalf of global fund industry associations urging the Indian Government to enact legislation that would permit all foreign regulated funds to undergo tax neutral reorganizations with respect to Indian securities.

Attached for member review is a draft letter to be signed by global fund industry associations urging the Indian Government to enact legislation that would permit all foreign regulated funds to undergo tax neutral reorganizations with respect to Indian securities.

ICI Global coordinated the nine national, regional, and global industry associations that made a submission to the Australian Treasury addressing concerns with an updated draft proposal to require large multinational enterprises (MNEs) to publicly report selected tax items on either a...