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Can I read Tax Disparities in Trusts vs. Firms on EtoBox?
Tax Disparities in Trusts vs. Firms by YK Singh is a document available to read on EtoBox.
What is Tax Disparities in Trusts vs. Firms about?
The document discusses the inequitable tax treatment of trusts in India compared to firms and close corporations, highlighting loopholes that allow trusts to benefit from lower tax rates. It argues that trusts enjoy advantages not available to other business entities, leading to increased tax avoidance through trusts. Additionally, it addresses issues related to double taxation and the treatment of oral trusts versus benami property holdings, calling for reforms to ensure equitable tax treatment across diff
- Author
- YK Singh
- Language
- EN