Cross Border Taxation

With the advent of globalization and technological advancement, the world has shrunk to a global village wherein no destination is inaccessible. Consequently, business houses around the world have become global in their operations and have been expanding their businesses beyond the boundaries of their countries into new markets in order to achieve growth. ASC provides consulting and advisory on Cross Border Taxation Services while also advising corporate and non-corporate clients on tax planning and management.

Cross Border Taxation Laws and Regulations

We are living in a time where change is the new normal and the ability to adapt to the new normal is important for survival. Cross Border Taxation Laws and regulations are also continuously changing to stay abreast of the changing dynamics of business requirements and the way of doing business.

Tax is an important part of every business and practically impacts every strategic business and commercial decision. Therefore, it is imperative to maintain the right balance between the two in order to increase the stakeholders’ value. 

Our team of professionals understands the tax environment in India and stays constantly abreast of the changes in tax policies, administration, and regulations. We assist our clients not only in developing effective Cross Border Taxation strategies but also implementing them efficiently. We have extensive experience in advising our clients in domestic, international, and cross-border transactions. We support our clients in tax planning, litigation support, representation before the tax authorities, compliances, and filings. 

How ASC Help?

• Advising corporate and non-corporate clients on Cross Border Taxation planning and management including identification of risks, planning opportunities, and compliance requirements;
• Advising multinational groups on their investments in India from a tax and regulatory perspective;
• Advising multinational groups to minimize their tax incidence in India after analyzing the provisions of the treaty, categorization of income, and permanent establishment risk;
• Advising foreign companies on taxability on Liaison Offices, Branch Offices, and Project Offices;
• Advising on emerging and recent regulations such as:
  • General Anti-avoidance Rules;
  • Place of Effective Management;
  • Base Erosion and Profit Shifting;
  • Advice on Multilateral Instruments; and
  • Equalization levy. 
• Statutory compliance support
• Income tax and Withholding tax (TDS) returns
• Advance Tax
• Tax exemption certificates for lower TDS deductions;
• Certification work including the issuance of various certificates and Audit Reports under the Income-tax Act;
• Representations before income-tax authority, dispute resolution panel, and CIT(A) & litigation support up to Supreme Court;
• Regular updations on recent amendments, notifications, circulars, and judgments;
• Foreign tax credits issues.