Challenges in domestic & international taxation

This book contains a collection of essays. It addresses various topics that have emerged in the areas of domestic and international taxation. It analyses some key challenges through an analysis of the existing regime, the gaps therein, the new challenges in economy and recommendations on the way forward. Topics dealt with are: principles of taxation to be adhered to in formulating tax policy and administration from the perspective of tax revenue trends, corporate tax rate structure, Goods and Services tax in India; charitable contributions, philanthropy and taxation in India; taxation of the digital economy examining a wide range of policy issues and judicial developments in India; tax treaties and the MLI, impact on the role and relevance of tax treaties, and analysis of the minimum standards in the MLI; cryptocurreny and bitcoin; international exchange of information and the ability of tax authorities to protect and ensure the rights of taxpayers. These papers were completed by researchers from the International Tax Research and Analysis Foundation (ITRAF) in 2017-18.