Direct Taxes
Direct tax law encompasses a range of services designed to ensure compliance, optimization, and strategic planning for both individuals and businesses. The firm has a dedicated team of experts who are engaged in providing, inter alia, the following services:
Tax Compliance and Filing:
- Income Tax Returns: Preparation and filing of annual tax returns for individuals, partnerships, corporations, and trusts.
- Tax Audits: Assistance with audits conducted by tax authorities to verify the accuracy of tax returns.
- Withholding Tax Compliance: Managing the withholding of taxes on payments such as salaries, dividends, and interest.
- Advance Tax Calculation: Estimation and payment of advance taxes throughout the financial year to avoid penalties
Tax Planning & Advisory:
- Tax Optimization Strategies: Developing strategies to minimize tax liabilities through deductions, credits and tax-efficient structures.
- Investment Planning: Advising on tax-efficient investment options and retirement planning.
- International Tax Planning: Guidance on cross-border tax implications and strategies for minimizing global tax burdens.
Corporate Tax Services:
- Corporate Tax Planning: Structuring business operations and transaction to achieve tax efficiency.
- Transfer Pricing: Establishing and documenting policies for transaction between related entities to comply with transfer pricing regulations.
- Mergers & Acquisitions: Advising on the tax implication of business reorganizations, mergers, and acquisitions.
- Tax Due Diligence: Conducting tax due diligence reviews for potential acquisitions or investments.
Litigation and Dispute Resolution:
- Tax Litigation: Representing clients in tax disputes before tax authorities, tribunals, and courts.
- Dispute Resolution: Negotiating settlements and resolutions with tax authorities to resolve dispute and avoid litigation.
- Advance Ruling: Seeking advance rulings from tax authorities on complex tax issues to gain certainty and avoid future disputes
Specialized Tax Services:
- Employee Tax Services: Managing tax aspects of employee benefits, expatriate tax matter and payroll compliance.
- Real Estate Tax Planning: Advising on tax implications of real estate transactions and investments.
- Estate & Succession Planning: Planning for the tax-efficient transfer of wealth and assets to future generation.
- Charitable Giving and Philanthropy: Structuring charitable donations and philanthropic activities to maximize tax benefits.
Compliance with Regulatory Changes:
- Monitoring Tax Law Changes: Keeping clients informed about changes in tax legislations and their potential impact.
- Adopting to New Regulation: Advising clients on how to adopt their tax strategies to comply with new regulations and laws.
- FATCA & CRS Compliance: Ensuring compliance with international reporting requirements like the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS).
Tax Technology and Digital Solutions:
- Tax Software Implementation: Implanting and managing tax software solutions to streamline tax compliance and reporting processes.
- Digital Tax Reporting: Advising on the use of digital tools and platform for tax reporting and compliance.
- Data Analytics: Utilizing data analytics to enhance tax planning risk management, and compliance monitoring.
We have always endeavor to deliver efficient and cost-effective services appreciating the specific needs of clients, so as to provide maximum value.