INDIA should put expropriation and taxation hazards faced by foreign companies on the top of new blueprint for economic growth. Preparation of new agenda is customary in India after the formation of new Government or the return of ruling alliance to power.

The reforms agenda for foreign investment should comprise 1) Time-bound negotiation of

A multinational corporation operates in multiple tax jurisdictions and at the end of the day earns profits- at times enormous profits. The real issue is how the profits so earned will be taxed. Who will tax them and how much? These are very basic questions and one wonders that an international tax system