World & BusinessSitharaman proposes BRICS working groups on transfer pricing disputes
The Economic Times reports that Finance Minister Nirmala Sitharaman urged closer cooperation on international taxation, citing the disproportionate burden transfer pricing disputes place on developing countries.
TLDR
The Economic Times reports that Finance Minister Nirmala Sitharaman proposed BRICS working groups to address transfer pricing disputes. The effort aims to help shape future cross-border tax rules through multilateral negotiations. Revenue Secretary Arvind Shrivastava also highlighted the value of collective experience in those discussions.
Sitharaman proposes BRICS working groups on transfer pricing disputes
The Economic Times reports that Finance Minister Nirmala Sitharaman urged closer cooperation on international taxation, citing the disproportionate burden transfer pricing disputes place on developing countries.
TLDR
The Economic Times reports that Finance Minister Nirmala Sitharaman proposed BRICS working groups to address transfer pricing disputes. The effort aims to help shape future cross-border tax rules through multilateral negotiations. Revenue Secretary Arvind Shrivastava also highlighted the value of collective experience in those discussions.