We help multinational businesses achieve their business goals in a tax-efficient manner, both locally and globally. Understanding the tax impact on business operations and transactions in multiple jurisdictions is vital for a company’s survival.
We provide tax consulting, advisory and cross-border restructuring support services from conceptualization of the tax strategy through analysis of tax and regulatory implications of transactions and finally implementation assistance, from the perspectives of domestic law and the international tax treaty network.
With the increasing focus on governance and regulation, tax compliance has never been so important. Compliance failure represents not only a financial risk — financial penalties and possible increase in the tax charge, but also a serious business risk, as it can damage the taxpayer's reputation with the authorities and the public. To remain competitive, companies are increasingly focusing on their core competencies and activities that create value for the company.
How PwC can help:
Strategic Planning:
- Formulating effective and tax-efficient cross-border strategies for both inbound and overseas investments
- Capitalising on planning opportunities presented by local tax law as well as treaty network
- Structuring acquisitions, divestitures and corporate reorganizations for tax optimization
- Staying abreast of new developments within the international arena that affect clients’ businesses, both globally and locally
- Advance rulings to lend an element of certainty to non-resident investors in their proposed transactions in India
Consulting and advisory:
- Analysing the tax impact of transactions holistically having regard to direct tax, indirect tax, regulatory and transfer pricing implications
- Providing opinions on transactions from a domestic law and tax treaty viewpoint
- Identifying tax planning opportunities and addressing potential problem areas in the course of undertaking day to day business activities
Business restructuring:
- Conceptualisation of the proposed structure in light of business objectives
- Structuring the reorganization – merger, spin off, acquisition or capital arrangement - from a tax and regulatory perspective
- Implementation support to put the structure in place having regard to tax efficiencies, regulatory procedures and intended timeframes
Tax Compliance:
- Tax return preparation
- Representation services before the Revenue authorities
- Assistance in appeal proceedings and tax litigation support
- Tax withholding advisory
- Review of tax status and evaluation of tax exposures
Clause 49 compliance and Due Diligence Reviews:
- Clause 49 review for compliance with fiscal, corporate and tax laws
- Design and review of Compliance Reporting Framework
- Restructuring of organization setup
- Provision of compliance checklists
- Drafting of Compliance Manual
