The Cairn Arbitration Award: Retrospective Taxation of Indirect Share Transfers in India Breaches Bilateral Investment Treaty

Journal
Author
Jalan, N.; Rao, A.
Country
India; International
Published Date
Issue
Bulletin for International Taxation 2021 (Volume 75), No. 5
FormatPDF
EUR
45
| USD
50 (VAT excl.)

This article discusses an Arbitral Tribunal’s award under a bilateral investment treaty in the Cairn case regarding India’s retrospective taxation of offshore indirect share transfers, including clauses on fair and equitable treatment and expropriation, and the concerns of the Indian government, noting the ongoing developments surrounding the case.