The Direct Tax Code 2009 also proposes sweeping changes to International Taxation. This includes a broader (losser) definition of 'Resident Company', General Anti-Avoidance Rules & Treaty Override as also Safe Harbour Rules & Advance Pricing Mechanism. In a Bombay Chamber of Commerce & Industry Seminar, Rupak Saha, Country Tax Leader - GE India presented in detail the implications of DTC 2009 on foreign companies.
