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US OUTSOURCING TAX
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- India's IT sector nervous as US proposes outsourcing taxThe sector is likely to be on the receiving end of a bill which, though unlikely to pass in its nascent form, will initiate a gradual shift...
- US, don't aim HIRE & shoot US in the footSenator Moreno's HIRE Act, proposing a 25% tax on US companies outsourcing jobs, faces criticism for potentially harming US competitiveness...
- Genpact flags Trump policies a riskEquity analysts are also attempting to parse the impact of tax reform, saying more clarity would come when the companies report their fourt...
- IT clients in US cautious of Donald Trump's new tax regimeForeign companies introducing clauses such as pricing renegotiation in case of a tax hike and an easier exit policy.
- Obama proposes tax on forex earnings to discourage outsourcingThe proposed move would make it a bit tough for US multinationals to ship jobs overseas and will give incentives to those who bring operati...
- Anti-outsourcing bill blocked in US senateUS Senate successfully blocked passage of an anti-offshoring bill that would have denied tax breaks to US cos which move jobs overseas.
- Outsourcing emerged as new business strategy in early 1980sApart from decreasing the management layers, outsourcing to a country with cheap labour also resulted in cost benefits.
- Tax breaks only to those who create jobs in US: ObamaStepping up campaign against outsourcing, Obama asserted his administration would offer tax benefits only to those firms which will create ...
- Obama's move to end tax breaks not aimed at IndiaIt may be great for domestic politics in the US, but for India it's poor timing, coming as it does ahead of his scheduled visit in November.
- Indian companies unfazed by Obama's anti-outsourcing callExperts argue that such protectionist measures are short-sighted because US cos derive revenues from outside the country. Obama's speech | ...
- Obama's tax will not impact BPOs: E&YObama's reference to Bangalore while proposing the move has made Indian firms jittery.
- Obama's tax worries pharma tooApart from IT, the domestic pharma industry is also worried over President Obama's proposal to end tax breaks for US companies, which are e...
- Obama's tax plan could push up outsourcing cost 50%US firms could see 50% rise in the cost of outsourcing business processes to India if President Obama's new tax proposals are accepted.
- US may end deferred tax on foreign incomeLarge outsourcing customers such as GE, Citibank might have to pay certain taxes on their income from international markets like India. Top...
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