Expert International Tax Consulting with BKC

Businesses over the globe are exploring opportunities to extend into diverse geographies as globalization becomes crucial. The possibility to become global leaders is driving more and more companies out of their home countries. We, BKC, are among the best International Taxation consultants in India, serving you in every sphere of international taxation.

Serving in multiple jurisdictions also creates opportunities to decrease costs and increase market share worldwide. However, the complex laws, including taxation laws in different territories, can make overseas expansion time-consuming and expensive. Whether you are a domestic Indian company contemplating expansion overseas or a foreign company aspiring to invest in India, understanding the laws and regulations that influence your business strategies and plans is essential. As one of the best tax consultants in West Delhi, we have international alliances and close ties with our foreign affiliates, who possess the technical expertise to help you navigate the complex maze of international tax laws worldwide.

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 on tax return filings
  • Representation before revenue authorities
  • Managing international tax litigations
  • Advice on various aspects of FEMA
  • Foreign Exchange filing and compliances
  • Strategize, 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 specific income by withholding such tax from payments and remitting it to the government. Such levies are generally termed withholding taxes. These requirements arise 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 and may vary by income type or recipient. Generally, withholding taxes are charged on the gross amount of income. If the tax withheld exceeds the actual tax payable by the recipient, the excess can be claimed as a refund by filing an Income Tax return.

Treaties:

Many nations have entered into tax treaties, also known as Double Tax Avoidance Agreements (DTAA), with other countries to avoid or mitigate double taxation on income. These treaties typically include “tie-breaker” clauses for resolving conflicts between residency rules and mechanisms for resolving double taxation disputes.

Transfer Pricing:

Transfer pricing refers to the practice of charging prices for transferring goods or services between related parties. Many countries have adopted rules regulating transfer pricing to prevent profit shifting. The arm’s length principle is a fundamental concept, requiring that prices for transactions between related enterprises should be those charged for similar transactions between unrelated parties. Different rules prescribe methods for testing whether prices are at arm’s length, such as comparable uncontrolled transaction prices, resale prices based on comparable markups, cost plus a markup, and enterprise profitability methods.

BKC is a leading international tax consultancy based in Delhi, offering expert solutions in international taxation. Our team of experienced professionals is dedicated to providing comprehensive services tailored to your needs. For top-tier international taxation advice, contact us at info@cabhupenderkumar.com. We are considered among the best tax consultants in Delhi.