February 23, 2020
New Delhi— As President Trump lands in India on February 24th, 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. 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 tax policy transparency and efficiency. 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 — a gathering of eminent current and former government of India and U.S. government officials, and private sector leaders to discuss the next steps in growing U.S.-India trade and investment relations, defense ties, Indo-Pacific strategy, and the enormous technology transitions and trends in the coming decade.
USISPF President and Chief Executive Office Dr. Mukesh Aghi said “President Trump’s visit will undoubtedly strengthen the commercial and strategic between the world’s oldest and largest democracy. Bilateral trade has gone up 12% to $160 billion 2019, indicating the strength of the commercial partnership. On the strategic side, US now conducts maximum number of military exercises with India, including Operation Malabar, which has increased in its scope and complexity over the years”.
“USISPF looks forward to celebrating the burgeoning multifaceted partnership between the United States and India” said Aghi.
About the U.S.-India Strategic Partnership Forum (USISPF):
The U.S.-India Strategic Partnership Forum is committed to creating the most powerful strategic partnership between the U.S. and India. Promoting bilateral trade is an important part of our work, but our mission reaches far beyond this. It is about business and government coming together in new ways to create meaningful opportunities that have the power to change the lives of citizens.