A Step towards Adopting an Approach in Line with BEPS Measures: India Revises Its Comments in the Draft UN Manual

The Indian tax authorities have updated their comments in the country-specific chapter in the 2016 Draft UN Transfer Pricing Manual, including with regard to marketing intangibles; location savings; intra-group services; financial transactions; the use of multiple year data; and the arm’s length range and its impact on Indian MNEs.