Context

• During President Trump’s maiden India visit, the US-India Strategic Partnership Forum (USISPF)will launch the US-India Tax Forum, an initiative designed for industry and government to engage on global and local tax policy issues.
• The USISPF Tax Forum will bring over 50 tax experts from Fortune 500 companies together with senior officials from Ministry of Finance, Central Board Direct Tax (CBDT), GST Council and Customs Board Indirect Tax & Customs (CBIC).
• The Forum will meet on a regular basis with the government to share feedback on transparency and efficiency in tax policy.
• It will also work with the government to ensure tax policy harmonization between multilateral and unilateral tax treaties.
• On Feb 25th, USISPF together with Federation of Indian Chambers of Commerce and Industry (FICCI) and Observer Research Foundation (ORF) will also convene the U.S.-India Forum