The Finance Act, 2017, has introduced the thin capitalization rule in the Income-tax Act. The rule, implemented through the newly inserted section 94B, restricts the deduction of interest paid to an associated enterprise. Needless to say, the rule hits at the core of international debt structuring and corporate financing.
Lakshmikumaran & Sridharan Attorneys is organizing an audio-call on 3rd of May, 2017 from 3.00pm to 4.00pm, with experts in corporate law, tax and accounting, to identify the implications of this rule and lay down to-dos for corporates and businesses.
Agenda
- Overview of the rule (Section 94B)
- Debt structuring and corporate law implications
- Analysis from an accounting perspective
- Implications under the income-tax law
- Comparative analysis of India’s rule with other countries and OECD recommendations
- Q&A session
For more information on participation, please contact us at events@lakshmisri.com .