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Tax and Tax Planning Services

Tax and Tax Planning Services

In the global environment, tax for organizations has become more complex issue with tax incentives, globalization and upcoming tax code, rules and regulation.

We advise corporate to cross the hurdles of domestic and international tax operations, indirect taxation, compliance, reporting and also provide dispute resolution services for direct and indirect taxes.

One of the biggest challenges –and the greatest areas of opportunity – for a multinational company today is effectively managing local and foreign taxes in a way that aligns with its overall business objectives and operations.

The requirements relating to Double Tax Avoidance as also of transfer pricing are evolving and are now of utmost importance than ever before.

With this background and the need of our clients, we have set up an International Tax and Regulatory service division. We assist clients in providing the necessary support in minimizing their tax burden when operating across borders. Our corporate taxation services are innovative, proactive and based on most efficient tax strategies.

We offer effective tax management, tax structuring and advisory services. We believe that taxation presents the most complex challenge in the context of financial planning.

Ever changing legislation and rules are matched only by the new methods devised to make the discharging of tax liabilities as efficient as possible.

We believe that when it comes to tax planning and strategy, every case is unique. Our approach remains versatile with an awareness that individual issues must be dealt with on their own merit within the overall long term consideration

Taxation Services:

These include an array of services that help our plan their taxes efficiently and optimally. The major heads under which these services are provided are as follows:

  • Advisory & Planning Services
  • Compliance Services
  • Representation Services
  • Cross Border Taxation Services
  • Expatriate Taxation Services
  • International/Domestic Transfer Pricing

Advisory & Planning Services:

  • Location Benefits
  • Industry Benefits
  • Selection of Tax incentive
  • Corporate Restructuring
  • Double tax Treaty Benefits
  • Expatriate Taxation
  • Withholding Taxes
  • Entry Strategies
  • Withholding tax issues
  • Tax planning strategies

Compliance Services:

  • Review of Tax returns
  • Prescribed Tax filings
  • Withholding Tax filings
  • Obtaining necessary registrations such as PAN/TAN etc
  • Advance tax computation
  • TDS consultancy

Representation Services:

  • Before various Tax and appellate authorities
  • Obtaining advance rulings

Cross Border Taxation Services:

We render comprehensive advice on setting up tax efficient business models that mitigate the risk of Permanent Establishment and assistance in tax efficient fund repatriation. We also advise on GST implications on cross border transactions, tax classification and transaction structuring.

Expatriate Taxation Services:

We plan compensation package and provide legal framework to the filing of expatriate employee tax return.

Domestic Transfer Pricing Services:

Transfer Pricing law deals with curbing tax avoidance by laying down norms for computation of income arising from international transactions or specified domestic transactions (“SDTs”) having regard to the “arm’s length price”. Transfer pricing policies of multinational businesses can have a huge impact on distribution of taxable profits of such businesses.

The intra-group transactions of multinational businesses are being scrutinised closely by the Tax Authorities in India.

Our comprehensive Transfer Pricing Service practice helps the multinational businesses to develop and implement beneficial and acceptable transfer pricing policies in India, document such policies and outcome and respond appropriately to challenge by Tax Authorities.

International Transfer Pricing:

Based on our long-standing experience in the field of transfer pricing, we bring to the table the right mix of global perspective and insights of how Indian Tax Authorities view transfer pricing policies and transactions and how tax optimisation structures can be built. We build, manage, document, review and defend transfer pricing policies of multinational businesses in line with their business strategies. Our people are equipped with globalised ideas to help multinationals in developing proactive, pragmatic and integrated strategies that address tax risks of businesses. Our Transfer Pricing services offer effective solutions to our clients to conduct international transactions or specified domestic transactions with its associated or group companies as follows:

  • Development of strategies and policies in compliance with Indian Transfer Pricing Regulations.
  • Develop transfer pricing documentation and master files, coordinated across all your territories and harmonised with Indian Regulations.
  • Develop better understanding of your transfer pricing risks, and implement consistent and defensible practices when controversies arise.
  • Preparation of Transfer Pricing Study Reports.
  • Transfer Pricing Certification.
  • Representation before the Assessing and Appellate Authorities.
  • Filing applications for APAs.
  • Audit under Section 92E of the Income Tax Act, 1961

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