Interactive session with Dr Parthasarathi Shome, Chairman TARC on 13 June 2014, Bangalore

The Amcham Karnataka Chapter, in association with PricewaterhouseCoopers (PwC), held an interactive session with Dr. Parthasarathi Shome, Chairman Tax Administration Reforms Commission – Government of India, on June 13, 2014 at Bangalore. Dr. Shome has also been a former Advisor to the Finance Ministry and is a renowned expert on tax policy issues having extensively dealt with tax policies in India and overseas jurisdictions. Mr. Sanjay Koul, Chairman, AMCHAM Karnataka and Managing Director, Timken India gave the welcome address.

Mr. Shome talked about the current tax scenario and his experiences as the Chairman of the Tax Administration Reforms commission. Amcham members made suggestions on administrative reforms and sought clarity on Tax policy issues. The suggestions were compiled in a document. CEOs and heads of finance of top U.S. companies operating in Bangalore (IBM, Intel, Texas Instruments, etc) were part of the event.