International Taxation

Businesses over the globe are exploring opportunities to extend in diverse geographies as globalization becomes crucial. The possibility to become global leaders is what is forcing more and more companies out of their home countries. We, Manish Anil Gupta & Co. is the best International Taxation consultant in India that serves you in every sphere of international taxation.

Serving in multiple jurisdictions also produces opportunities to decrease costs and increase market share worldwide. However, the complex laws, including the taxation laws in different territories, can execute overseas expansion time draining and expensive. Whether you are a domestic Indian company contemplating to expand overseas or a foreign company aspiring to invest in India, you must know the laws and regulations that can influence your business strategies and plans. We, the best tax Consultant in West Delhi, have international alliances and have close ties with our foreign affiliates, who possess the technical expertise to help you in navigating through the complex maze of international tax laws worldwide, making us one of the best international tax consultants in India. Our Service Offerings

• Transfer Pricing Matters
• Non-resident Indian (NRI) Taxation in India
• DTAA understanding and framework
• Taxation of Expats
• Advice on cross-border transactions
• Advice on prevailing international laws and procedures
• Advice in tax return filings
• Representation before revenue authorities
• Managing international tax litigations
• Advice on various aspects of FEMA
• Foreign Exchange filing and compliances
• Strategise, assess, and evaluate inbound and outbound investments
• Assistance in acquiring relevant regulatory approvals and undertaking compliances

* Withholding tax

Many countries require people paying non-residents to collect the tax due from a non-resident with respect to particular income by withholding such tax from such payments and remitting the tax to the government. Such levies are generally termed withholding taxes. These requirements are induced due to potential difficulties in collecting the tax from non-residents. Withholding taxes are often levied at rates differing from the prevailing Income Tax rates. Further, the withholding rate may vary by type of income or type of recipient. Generally, withholding taxes are charged on the gross amount of income. If the tax withheld from the payment to a person is more than the actual tax payable by such recipient, then the excess tax withheld can be claimed as a refund by filing the Income Tax return.

Treaties

Many nations have entered into tax treaties, also called Double Tax Avoidance Agreements, with other countries to avoid or mitigate double taxation on an income. They tend to have “tie-breaker” clauses for resolving conflicts between residency rules and mechanisms for resolving double taxation disputes on the taxability of incomes.

Transfer pricing

The practice of charging prices for transferring goods or services between related parties is commonly referred to as transfer pricing. Many countries have become sensitive to the potential for shifting profits with transfer pricing and have adopted rules regulating prices or allowance of deductions or inclusion of income for related party transactions.

Arm’s length principle: It is a fundamental concept of most transfer pricing rules that prices levied for a transaction between related enterprises should be those which would be charged for a similar transaction between unrelated parties dealing independently. Different rules prescribe methods for testing whether prices charged for transactions between related parties are at arm’s length price. Examples of such methods include comparable uncontrolled transaction prices, resale prices based on comparable markups, cost plus a markup, and an enterprise profitability method. Such rules generally involve the comparison of related party transactions to similar transactions of unrelated parties.