KGS serves clients across the country and around the world as they navigate an increasingly complex tax landscape. In a highly competitive landscape, aligning your tax strategy to your business strategy is a critical part of optimising profit margins ensuring survival and growth.
Our internal knowledge management process includes updating real-time potential tax developments in India and other chosen key jurisdictions across the globe, which could probably impact business decisions. Through legitimate planning, we consider issues that arise within specific types of tax, as well as the tax implications of a new project, or a change to the business.
Direct Tax
- Filing of Corporate Tax returns.
- Compliance Certifications.
- Advance rulings from revenue authority, etc.
- Corporate tax advisory.
- Diagnostic review of transactions and tax health check ups.
- Tax minimisation and optimisation strategies, availability of tax deductions.
- Review and applicability of ICDS, MAT, CFC and POEM.
- Representation and assistance for preparation of cases before various appellate authorities.
- Liaisoning with revenue department, developing and implementing strategies for quick resolution.
Transfer Pricing
- Assistance in obtaining of an accountant’s repot in filing of Form 3CEB.
- Documentation as per income tax rules or transfer pricing report along with comparability and industry analysis.
- Master filing and CbCR filing as per BEPS Action Plan-13.
- Assistance with respect to restructuring of business model to build tax efficiency.
- Review of deemed international transactions, assistance in preparation of profit attribution studies.
- Tax minimisation and optimisation strategies, availability of tax deductions.
- Global transfer pricing document and structuring of management fee payments, royalty, inter-company financing arrangements.
- Representation and assistance for preparation of cases before Transfer ricing Officer (TPO), Dispute Resolution Panel (DRP), CIT(A), ITAT.
- Assistance in respect of APA filings and safe harbour applications as per income tax rules before the revenue department.
International Taxation
- Tax efficient structuring of cross border transactions, transactions undertaken by High Net-worth Individuals (HNI).
- Compliances related to Non-resident Indian (NRI) taxation.
- Implementation of double tax treaties and implications of foreign tax systems.
- Investment and Due-diligence advisory for outbound and inbound investment.
- Advise on implications of international tax treaties, applicability of equalisation levy, BEPS and GAAR provisions.
- Assistance with Mutual Agreement Procedure (MAP) under tax treaties.
- Representation and assistance for preparation of cases before international tax dispute authorities.
- Preparation and filing before Authority of Advance Rulings (AAR).