International Taxation

International corporations seeking investment and establishment in India increasingly turn to us for comprehensive support. Serving as their dedicated compliance partner, we go beyond mere assistance, delivering genuine value. Our approach involves cultivating a profound understanding of their business and operational intricacies.
 
In tandem with the global landscape’s evolution, Indian entities, spurred by liberalization, are making significant overseas direct investments across diverse countries to harness global opportunities. Our advisory services cover a spectrum of crucial areas, including corporate structuring and planning, interpretation of double taxation relief and tax treaties, facilitation of outbound and inbound investments, compliance management for foreign remittances, expert handling of transfer pricing matters, and adept representation in assessments.

Transfer Pricing regulations come into play when there’s an international transaction involving associated enterprises. This involves determining the price for the transfer of goods or services between entities situated in different countries, subject to prescribed exceptions. Our specialized services cater to companies engaged in international transactions or specified domestic transactions with their associated enterprises or group companies. Our expertise encompasses the following key areas:

• Issuance of Accountant’s Report / Transfer Pricing Certification (Form 3CEB)
• Preparation of detailed transfer pricing documentation relating to international and specified domestic transactions :
• Preparation of Transfer Pricing Agreements
• Global Risk Assessment
• Transfer Pricing related routine advisory
• Transfer Pricing related due diligence and diagnostic reviews
• Transfer Pricing related structuring of transactions and Value Chain Transformation (VCTs)
• Providing legal briefs / advises on tax avoidance while entering into international transactions
• Transfer Pricing Assessment and representation before Transfer Pricing Officers (TPOs), various Tribunals and Courts

Specializing in tax matters, ASA is your go-to destination for expatriates seeking financial clarity. Our team of experts excels in advising both you and your employees on tax-related issues arising from employee mobility. Our comprehensive services extend to repatriation assistance for employees, meticulous tax return preparation, ensuring compliance with tax regulations, conducting annual tax equalization calculations, and proficiently managing payroll processing services. Beyond these core offerings, our services also encompass:

• Obtaining Tax Registrations- Assist in obtaining the tax identification number (Permanent Account Number) of the expatriate from the Income Tax Authorities
• Issuance of technical opinions on questions of law
• Monthly withholding tax calculations i.e. assistance in computing the monthly tax liability of the expatriate in order to enable the Company to withhold applicable taxes in India
• Annual Income Tax Return preparation and filing
• Representation before the Revenue Authorities including Appellate Level and Tax Tribunal and allied assistance on litigation management including strategic advisory
• Evaluating the applicability of the double taxation avoidance agreement with the relevant country, in relation to relevant streams of income

To assess the tax implications for Non-Resident Indians (NRIs) in India, a thorough understanding of both domestic laws and double taxation avoidance agreements is crucial. Our analysis extends to evaluating the foreign tax credits available to NRIs. Our comprehensive services in this domain include:

• Obtaining tax registrations
• Property and investment transaction advisory- This would include advice to NRIs on acquisition and disposal of investments as well as immovable property and associated tax compliances, if any
• Issuance of technical opinions on questions of law
• Pre and post NRI status advisory- Advice in relation to income tax disclosures pre and post NRI status including disclosures if any, under Undisclosed Foreign Investments and Assets Act 2015
• Preparing and filing annual income tax returns and transaction based challans for tax payments if any
• Representation before the Revenue Authorities including Appellate Level and Tax Tribunal and allied assistance on litigation management including strategic advisory
• Evaluating the applicability of the double taxation avoidance agreement with the relevant country, in relation to relevant streams of income
• Assistance in claim of foreign tax credits, based on relevance
• Issuance of remittance certificates under Form 15CA/CB and other compliance certificates if any