... not recorded reserves of the amalgamating company and avoided payment of the DDT while upstreaming cash to its shareholders,” said Jinesh Shah, partner (tax, deal advisory), KPMG in India. One such expert said with the loophole being plugged by the government, multinationals, which resorted to ...
Delivered by KPMG Today (@KPMG_TO)
Article continues here
Follow @KPMG_TO on Twitter to get latest updates