Alternatives
Hedge funds flee India over tax
By
Georgina Lee
|
29 May 2012
Keywords:
gaar
|
india
|
indirect transfer
|
pwc
|
usb
|
hedge funds
|
pnote pranab
Many hedge funds invested in the Indian markets, and the dealers that provide this access through P-notes, have stopped adding positions for fear of potential tax liabilities.
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