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MNCs in India may soon face higher taxes, says report

Updated : April 19, 2019 10:00 AM IST

The rules for attributing profits to MNCs having a permanent establishment in India are set to change if the draft report issued by a Central Board of Direct Taxes (CBDT) appointed committee is adopted, the report said.
According to the report, experts said that this would pave the way for the MNCs, who often attribute a higher share of their profits to their operations in the country, to pay a higher tax.
MNCs in India may soon face higher taxes, says report

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