Aimed at providing relief to subsidiaries of US multinationals and ensuring a check on cross-border tax evasion, India has notified the inter-governmental agreement with the United States for exchange of country-by-country (CbC) reports filed by multinational enterprises (MNEs) regarding income allocation and payment of taxes. Nitin Narang, Partner- Transfer Pricing shares his views on aforementioned story for PTI- Standalone story. (This news has been picked up by 310 other news publications including Economic Times, Business Standard, Indian Express, Business Today etc.) india-notifies-pact-with-us-to-check-tax-evasion-by-mncs-nitin-narang