Keeping its election promise to bring jobs back to the US, the Trump government has slashed the corporate tax rate in America from 35 to 21 per cent and has also imposed alternative minimum tax of 5/10 per cent under Base Erosion Anti-Abuse Tax or (BEAT) regime.
Rakesh Nangia, Managing Partner and Neha Malhotra, Executive Director contributed an article on US BEAT will impact Indian IT sector for Hindu Business Line.
