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January 15, 2021
2021-0104

Thursday, January 28 | BorderCrossings ... With EY transfer pricing and tax professionals (1 pm ET)

Latest transfer pricing (TP) news about India and US-India TP controversy

The India Tax Authority's focus on enforcing transfer pricing rules has increased the number of US companies with transfer pricing audits and cases in appeals and litigation in India. Many companies have chosen to file for US-India bilateral advance pricing agreements (APAs) and competent authority assistance under the Mutual Agreement Procedures (MAP), in accordance with the US-India income tax treaty.

On this webcast, Ernst & Young LLP (US) and Ernst & Young LLP (India) transfer pricing professionals who have been involved in the US-India competent authority negotiations over the past several years will provide an update on the overall US-India tax authority relationship. They'll also discuss results of the 2020 meetings between the two governments.

Additional topics will include:

  • Highlights of India's new electronic/telephonic tax audit process
  • Updates on recently concluded transfer pricing audits in India — major developments and the road ahead
  • Developments in the India APA program — how the program is evolving, key focus areas of Indian APA authorities, statistics, etc.
  • Introduction of detailed MAP rules in India
  • Updates on the US-India bilateral APA process
  • Effect of recent IRS Advance Pricing and Mutual Agreement telescoping notice
  • Key India tax updates, such as abolishment of the dividend distribution tax

We hope you will be able to join us for this important webcast.

Date: Thursday, 28 January 2021

Time: 1:00-2:15 p.m. EST New York/Toronto; 10:00-11:15 a.m. PST Los Angeles/Vancouver

Registration: View archive here.

Panelists

Miller Williams, US-India Transfer Pricing Controversy Leader, Ernst & Young LLP (US)

Ameet Kapoor, US-India Transfer Pricing, Ernst & Young LLP (US)

Anuj Khorana, Transfer Pricing, Ernst & Young LLP (India)

Roshan Samuel, India Tax Desk, Ernst & Young LLP (US)

Moderator

Mike McDonald, Transfer Pricing, Ernst & Young LLP (US)

CPE credit offered: 1.4. Recommended field of study: Taxes. Learning objective: Explain the overall US-India tax authority relationship and the results of the 2020 meetings between the two governments. This intermediate level, internet-based group course has no prerequisites or advanced preparation. Final CPE award to be based on content, polling, and length of participation. See CPE FAQ for more information.

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