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Significance Of MAT Committee Report

Published on Fri, Jul 24,2015 | 22:36, Updated at Fri, Jul 24 at 22:38Source : CNBC-TV18 |   Watch Video :

On Friday  evening the Government  appointed, Justice AP Shah led, committee will submit its report on whether Minimum Alternate Tax should apply to foreign companies including foreign portfolio investors. What could the likely findings and their impact be? CNBC TV18’s Menaka Doshi looks at the likely scenarios with Dinesh Kanabar, Founder, Dhruva Advisors

Scenario 1
NO MAT ON FOREIGN COMPANIES

Scenario 2
MAT ON ALL FOREIGN COMPANIES

Scenario 3
MAT ONLY ON FOREIGN COMPANIES WITH PERMANENT ESTABLISHMENTS IN INDIA
 
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