Management Company Tax Subcommittee Content

ICI Global coordinated the nine national, regional, and global industry associations that sent Indian Government officials the attached letters urgently requesting that the concessional 5% withholding tax rate on interest income paid to foreign portfolio investors (FPIs) be made...

Registration is open for the next meetings of the ICI Tax Committee on March 9 and 10, 2023. The meetings will be held in the conference center on the first floor of ICI's building at 1401 H Street, NW, Washington, DC 20005.

We will hold in-person meetings of the ICI Tax Committee on March 9 and 10, 2023. Registration is now open. The meetings will be held in the conference center on the first floor of ICI's building at 1401 H Street, NW, Washington, DC 20005. Agendas will be circulated closer to the...

ICI Global submitted the attached letter to the Indian Government for consideration as they develop the 2023 Union Budget. The letter describes tax issues and proposes recommendations to address the global regulated fund industry's outstanding tax issues.

ICI and ICI Global will be holding a members-only zoom meeting on Monday, February 13, 2023 to discuss India's 2023 Union Budget. Russell Gaitonde and Madhav Kanhere, from Deloitte Haskins & Sells LLP in Mumbai, will lead the discussion.

Attached for your review is a draft letter with recommendations to address the global regulated fund industry's outstanding tax issues, in priority order for consideration in India's 2023 Union Budget. Many of these issues have been raised in prior ICI Global submissions. The current...

The next monthly Tax Committee call will be held on Thursday, January 19, 2023, at 11:00 a.m. ET. The agenda is attached.

EU Member States reached an agreement to implement the OECD Pillar Two proposal through the adoption of the EU Minimum Tax Directive. The Directive was adopted as part of a package along with aid to Ukraine and the disbursement of EU funding to Hungary.

The IRS and Treasury Department have released their 2022–2023 Priority Guidance Plan listing their priorities for tax regulations and other administrative guidance through June 2023.