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Tax |
Goods & Services Tax (GST) |
After many delays and missed deadlines, India is finally set to embrace Goods and Services Tax (‘GST’) from 1 July, 2017. GST is perhaps the most significant and complex tax reform ever undertaken in the history of independent India.
GST being a transaction tax which subsumes most of the existing Indirect taxes levied by the Center and States, may require significant realignment of operations including supply chain and logistics, pricing, procurements, accounting and Information Technology (‘IT’) Systems.
Further, a reform of this magnitude may take time to settle and the legislative process would entail frequent amendment in the law, procedures and tax rates. This would require businesses to continuously adjust to the additional requirements thrown up by such amendments.
ADA has developed a pan-India GST team, which is assisting a diverse set of businesses in migrating to GST and ensuring seamless transition without any business disruptions. Further, we have developed technology tools, which help businesses in ensuring timely and smooth compliances with the law. |
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Cross Border Taxation |
While it is primarily business considerations that drive overseas investment decisions, tax and regulatory aspects also play an important role in the decision-making process. Optimizing the overall tax burden and aligning the tax function to the business strategy has become more crucial than ever for businesses. We, at ADA, strongly believe that entrepreneurs should focus on their businesses, without having to worry about the repercussions under the tax and regulatory framework in the chosen investment destination.
At ADA, our approach is to first understand the business rationale behind an investment decision and provide solutions that are tailored to the needs of the business, sector and the time sensitive requirements. We provide customized solutions under the following broad categories:
- Cross Border Structuring
- Inbound / Outbound Investments
- Transaction & Income Structuring
- Tax Risk Management
- Cash Optimization Planning & Support
Our internal knowledge management process includes real-time updating on the potential tax developments in India and other chosen key Jurisdictions across the globe, which could probably impact your investment decision. |
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Global Tax Services |
With multi-national enterprises across the world showing increasing interest in investing in India, having an insight into India’s complex and dynamic regulatory and tax systems becomes crucial, in order to boost growth and expand opportunities. Conversely, Indian organisations aiming for a global reach face mounting regulatory pressures, strict and diverse reporting standards, and sophisticated revenue authorities. Being prepared for changes, developments and consequent challenges in these spheres is pivotal for any organisation to achieve its full potential.
ADA understands the challenges organisations face while navigating this complex tax environment. Our team of dedicated Direct Tax professionals draw on resources, to provide the perspective and experience necessary to prosper in new markets. Reducing tax burden, while minimizing associated risk, is a significant factor in the bottom-line success of global operations. Our professionals ensure compliance, and help you align your tax strategy to your business strategy.
Our focus areas offer unique international tax services that help increase cash flow and/or decrease effective tax rates. We ensure compliance with the most recent tax laws and shield against the many risks inherent in international businesses. |
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Tax Advisory & Compliance |
A crucial aspect of doing business in India is corporate taxation and regulatory compliances are increasingly complex and ever-changing. It is crucial to understand the developments in regulatory and tax requirements, their impact on your business and using them strategically to your advantage. Keeping pace with new compliances and meeting them becomes a daunting task for most businesses. In a highly competitive landscape, aligning your tax strategy to your business strategy is a critical part of optimizing profit margins.
At ADA, we understand that effective tax planning for enterprises requires both technical resources and in-depth knowledge of each client’s unique financial situation. Our network of experienced tax professionals can assist in resolving various tax challenges to your business and keeping abreast with tax regulations. Our professionals bring innovative and insightful approaches to a variety of intricate tax issues. Backed by the knowledge and resources of our extensive national network, ADA delivers comprehensive tax advisory and compliance services designed specifically to meet your needs.
ADA’s Direct Tax Practice draws on experience and relationships across a virtually all industries, to ensure that our clients derive the greatest tax benefit possible. Our services span the full spectrum of tax planning, compliance, and advisory, helping clients keep up with the tax laws and other regulatory changes. Our methods are both immersive and holistic; and everything is approached with awareness of the total tax and financial position.
- Tax Planning
- Tax Housekeeping
- Tax Health Check-up
- HNI Tax Management
- Taxation Of Trust
- Registration & Compliance Management
- Withholding Tax Advisory & Compliance Support
- Advice on DTC and GAAR
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Representation & Litigation Support |
Facing a serious dispute, investigation or litigation can be one of the most challenging times for any organisation. These are times when it’s critical to have credible advisers you can trust.
ADA helps organisations address a wide range of lawsuits, investigations, and regulatory issues at all levels during the appeal process. Be it a transfer pricing, indirect tax or income tax issue, our team provides comprehensive representation and litigation support services in actual or potential legal proceedings before a court, regulatory body, and government authority. We assist individuals and organisations to respond to challenges by legal authorities, by leveraging our financial skills, business expertise and knowledge of the legal process when conducting each assignment.
Drawing on experience from diverse disciplines and backgrounds, our professionals combine the highest standards of technical skill and knowledge to gather, analyse and evaluate evidence.
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- Developing Tax Litigation Approach
- Assistance In Filing Tax Appeals
- Appearing Before Revenue / Appellate Authorities
- Assisting Tax Counsels For Representation At Various Levels
- Creating Litigation Team With Engagement Of External Counsels
- Advance Rulings & Competent Authority Proceedings
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Transfer Pricing |
Countries all over the world are applying greater scrutiny – and calling for stricter regulations – on transfer pricing practices. However, the many complexities of transfer pricing provide a variety of opportunities to optimize profits, increase cash flows, and make effective arrangements for your international transactions.
As Revenue Authorities across the Globe tighten their Transfer Pricing (TP) Regulations, Multinational Enterprises (MNEs) seem increasingly vulnerable to transfer pricing adjustments that may lead to an increase in overall tax cost to the group. It is now common knowledge that Transfer Pricing is the most litigious tax issue worldwide, resulting in protracted litigation. Tax heads of MNEs need to keep abreast of the dynamics of TP Regulations across all jurisdictions, enable compliance in each such jurisdiction and adopt an appropriate risk mitigation strategy. The absence of information in the public domain regarding Industry Best Practices, further complicates matters.
ADA’s Transfer Pricing Practice, consisting of Partners & Managers who specialize in the subject, handle complex advisory and structuring assignments that mandate coverage of multiple Tax Jurisdictions across the world. Aided by dedicated transfer pricing practitioners around the ADA network, we provide a range of planning, compliance and benchmarking services. We can work with you to develop transfer pricing policies that are defensible, flexible and in line with your overall tax planning strategies.
- Transfer Pricing Policy
- MNEs opt for standardizing their Transfer Pricing policy for intra-group transactions, inter alia; to meet with the demands of the respective Tax Jurisdictions they operate in. In this domain; ADA, helps MNEs in formulating TP Policy that may be implemented uniformly within the Group.
- Due Diligence / Health Check-up
- Intangibles & IP Migrations
- Financial Transactions, Cost Sharing & Intra Group Services
- Drafting & Review Of Inter-company Agreements
- Representation, Litigation, Map & Apas
- Domestic Transfer Pricing
- Audit, Certification & Study Report
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Other Indirect Taxes |
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