Domestic Taxation and International Taxation
Domestic and International Taxation
In the worldwide setting, the issue of taxes for organizations has grown increasingly intricate, encompassing tax benefits, the process of globalization, and the forthcoming tax legislation, guidelines, and regulations. We recommend that businesses navigate the challenges of both domestic and international tax management, including indirect taxes, adherence to regulations, documentation, and dispute resolution for both direct and indirect taxes. A significant challenge and a prime opportunity for a multinational corporation in the present day is to adeptly handle taxes from both local and international jurisdictions in a manner that is in harmony with its primary business goals and activities.
Corporate Taxation
- Business Tax Form
- Government Review of Taxes
- Tax Liability for Retention and
- Guidance
- Guidance on Tax Matters and Advice
- Reviews and Recommendations on
- Different Deals from Local Laws to
- International Tax Laws
- Recommendations on Tax Planning Possibilities
- Tax Issues Connected with
- Certifications – 15CB and Similar Performing Background Checks and Assessments
Income Computation and Disclosure Standards (ICDS)
The Income Computation and Disclosure Standards (ICDS), implemented on April 1, 2015, represent a major update in the Indian Income-tax laws. These standards apply to the calculation of income that is subject to 'Business Income' or 'Other' Sources. They introduce notable changes from Indian Accounting Standards and could result in significant tax consequences for individuals and businesses. To address this, we offer support in reviewing ICDS in light of the business activities and transactions of our clients and provide guidance on the tax consequences associated with these standards.
Double Tax Avoidance Advisory
The Double Tax Avoidance Agreements (DTAA) are essentially bilateral agreements signed between two nations, in this instance India and another foreign state. We assist our clients with DTAA Advisory to prevent double taxation depending on the nature of their income and spending in both countries (i.e., double taxation of the same income), as well as withholding tax concerns and other compliance.
HNI
- Review of books of Accounts
- Tax Audit
- Preparation & Computation of Income & Taxes thereon
- Preparation & Submission of ITR
- Advisory on taxation matters
