The article, titled "Tax implications likely to influence Hyundai's decision to list Indian arm," highlights Jidesh Kumar's valuable insights into the potential listing of Hyundai's Indian arm and the associated tax implications.
In the article, Jidesh Kumar provided a crucial perspective on the tax considerations involved in the sale of shares by the parent company. He stated, "If the parent company sells its shares in the Indian subsidiary, it may have to pay capital gains tax in India, as well as in South Korea, depending on the tax treaty between the two countries."
Follow the link to read full article: https://www.business-standard.com/industry/auto/tax-implications-likely-to-influence-hyundai-s-decision-to-list-indian-arm-124020700850_1.html
