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Closer watch on ownership transfer in cos
August 13th, 2009
NEW DELHI: Non-disclosure of transfer of beneficial ownership by promoters has caught the eye of policymakers. While noose has already tightened on listed companies after the Satyam episode by market regulator Sebi, the focus has now turned to tightening the disclosure for non-listed companies.
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Tax Transparency Is Set To Increase
July 24th, 2009
The emphasis on tax transparency at the April G20 meeting in London has not dissipated; rather, it has strengthened. Governments increasingly seem determined to implement serious change. Agendas have broadened from a strict focus on tax haven secrecy to measures in the area of corporate profit-shifting.
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