Whether a person or a company who is into commercial transaction with a particular country or earns income abroad, the International taxation applies to them. It includes DTAA (Double Taxation Avoidance Agreement), NRI taxation, taxation abroad, and transfer pricing where more attention is being given due to rapid globalization and cross-border transactions. The cross-border taxation assures the assessment of a company keeping in mind the tax laws of a particular country’s laws or laws of foreign countries. With one of the fastest growing economies in the world, India is a prime destination for investments both inbound and outbound. To minimize the tax burden and manage global tax risks, international taxation helps in a big way which is why many companies hire a tax specialist for tax optimization.
The benefits of international taxation are prevents tax discrimination & evasion, promotes investments between 2 countries, avoids dispute due to double taxation of income, improves growth opportunities by facilitating cross-border transactions, and defining fiscal rights between the countries.
We at Bagadiya & Jain offer quality international taxation service so you have an edge over other companies in terms of tax benefit and also help you achieve your ambitions. Below are the services and assistance we provide for international taxation.
- Services in structuring of your business with focus on integration with existing international operations, global tax efficiency, exchange control, and other regulatory perspectives.
- Assistance in setting up operations in India and foreign countries, acquiring regulatory approvals and documentations.
- Advisory services on Double Taxation Treaty analysis and tax implication on inward/outward remittances.
- Certification services like withholding tax certificates with respect to remittances for international transactions.