India’s safe harbor draws big interest: Transfer Pricing Report

India’s New Safe Harbor Wins Big Interest

Transfer pricing life promises to get easier for IT-related activity in India, if all the interest in the government’s enhanced safe harbor turns into actual adoption of the mechanism.

Avoiding years of argument with the tax department by using the streamlined device, with its automated application process and more favorable pricing margin, is wildly appealing, tax pros say.

Plus, it applies to many more, and larger, companies—those with up to $210 million turnover—than India’s old safe harbor did.