Cross Border Tax Advisory We closely cooperate with the customer with the aim of offering explicit and practical solutions and satisfying particular business needs by considering the efficiency of tax expenditures. We consult in the following areas:
DOMESTIC TRANSFER PRICING
In an increasingly global business environment, fiscal authorities vigorously defend their national tax bases with detailed transfer pricing regulations, strict documentation requirements, sophisticated audit practices and significant penalties for non-compliance.
Multinationals must be able to present clear arguments to support transfer pricing decisions because the tax authorities reviewing a cross-border related party transaction might not agree on an appropriate ‘arm’s length’ price. The decisions organizations make must be substantiated by authoritative analysis and a good understanding of the local rules governing their transactions.
WE OFFER FOLLOWING SERVICES:
WE OFFER "INNOVATIVE WAYS" TO IDENTIFY, PLAN AND VERIFY INCIDENCE OF TAXES UNDER VAT LAWS OUR SERVICES INCLUDE:
The Goods and Services Tax has revolutionized the Indian taxation system. The GST Act was passed in the Lok Sabha on 29th March, 2017, and came into effect from 1st July, 2017.
Goods & Services Tax Law in India is a comprehensive, multi-stage, destination-based tax that will be levied on every value addition.
In simple words, GST is an indirect tax levied on the supply of goods and services. GST Law has replaced many indirect tax laws that previously existed in India.
We would be in the best position to deal with GST on account of following reasons:
An effective corporate tax plan means keeping on top of trends and key issues. You should know how new tax laws and developments may affect your business now and in the future.
WE CAN DEVELOP AN APPROACH TO HELP REDUCE YOUR OVERALL TAX BURDEN BY, FOR INSTANCE:
As a result of ever increasing corporation tax compliance and reporting obligations, the complexities of complying with fiscal rules and harsher penalty regimes mean the tax compliance requirements of a business can have a significant impact. Often consuming a large amount of management time, effort and costs.
We can provide tax compliance services tailored to meet your needs, whether you require an independent tax compliance review, specific technical advice or a fully out-sourced tax compliance service, allowing management to focus on the core business
Our clients range from owner-managed businesses to complex corporate groups including corporate partnerships and companies in liquidation.
Global companies require global tax planning. It is not enough for a multinational company to adapt separately to each of its local operating environments. To take account of local, regional and national factors — and to thrive — a successful multinational company needs to adapt to all its environments. Tax is one of the most important environmental variables because it helps determine what kind of corporate structure is appropriate, where intellectual property should be located and how global supply chains should be configured to help mitigate overall effective tax rates.
Our professionals seek to exemplify the principle 'think globally, act locally'. We keep our clients informed of current tax thinking and technical developments
Corporation tax is a major obligation for businesses. Our Firm specializes in Search and Seizure Assignments and has its recognition and acclaim. We have handled assignments of several companies with technical finesse and meritorious articulation.
WE WOULD HELP YOU IN:
An Advance Pricing Agreement is an agreement between a tax payer and tax authority (i.e., Central Board of Direct Taxes), which determines in advance, the arm’s length price or specifies the manner of the determination of arm’s length price (or both), in relation to an international transaction. Hence, once APA has been entered into with respect to an international transaction, the arm’s length price with respect to that international transaction, for the period specified in the APA, will be determined only in accordance with the APA. The APA process is voluntary and will supplement appeal and other disputes resolution measures for resolving transfer pricing dispute.
The term of APA can be a maximum of 5 years, however there is no minimum period.
KEY BENEFITS OF APA
An APA provides the following benefits-
Consequently, APAs provides a win-win situation for all the stakeholders involved.