International Taxation Overview
With businesses going global and rapidly increasing cross border transactions, the tax implications on global businesses have heightened. Expanding internationally brings numerous regulations and tax laws of different nations into the picture, making compliance more complex. To regulate trade between two nations, the government of one country often enter into an agreement with partnering nation, called as ‘Double Taxation Avoidance Agreements (DTAAs)’, which broadly defines the taxability for such transactions. However, determining taxability has never been a piece of cake and thus, requires special expertise and knowledge to avoid cross-border complications and better plan tax liabilities.
This is where international taxation services in India play a crucial role in ensuring compliance, minimizing tax exposure, and optimizing global tax structures.
Aplite is a group of Chartered Accountants and legal professionals in India with expertise of over 10+ years in Accounting and Taxation industry. We have a proven track record of handling complex international taxation cases, including transfer pricing, tax advisory, expatriate taxation, and litigation. As a trusted provider of international taxation services in India, we help businesses navigate global tax challenges with confidence.
Our Portfolio of Services
GST comprises of various slab rates under which all the products are classified as per their HSN codes. For example, most of the general goods and services fall under 18% slab rate while some essential items fall under 5% slab. Some very essential products and services like healthcare are totally exempted from GST. The GST revenue collected is divided between States and Central level. It is a consumption- based tax whose revenue is given to that State government in which the good or service is consumed.
1. Tax Advisory and Business Setup : For every global organization eying to setup their businesses in India, it is always daunting to decide upon the legal investment route for optimum tax benefit. One of the ways could be to purchase the stake of an already established Indian entity or setup a new company altogether. However, any such decision requires careful consideration of tax laws.
We, at Aplite, provide all kinds of advisory services for business setups and establishments. As part of our international taxation services in India, we assist global clients in establishing their operations smoothly while ensuring tax efficiency and regulatory compliance. We believe in complete handholding until your business becomes fully operational in India.
2. Transfer Pricing : It is a global regulation practiced by, almost, every country to regulate transactions between related global entities. Related global entities are entities with base in more than one country in the form of a separate legal entity and having inter-related transactions like sale, purchase, disbursement of loans etc. Entities with common ownership patterns also fall within this category. Transfer Pricing evolved to keep a check on mutual transactions between these entities so as to ensure that they are at par with normal business transactions and have not been entered into only to evade taxes.
Transfer Pricing regulations have always been challenging for entities and thus, it needs to be ensured that every transaction maintains arm length price and is as per the industry standards. Aplite’s professionals have a wide knowledge across this industry and thus, We are capable of guiding businesses seeking international taxation services in India to achieve the highest benefit and ensure safety, particularly in matters related to tax litigation and penalties.
3. Expatriate Taxation : Every multi-national entity employs their own nationals in other countries in which their business has a base. Such employees are called Expatriates in the other country. The salary income and other perks received by such expats are subject to special provisions and rates under the Income Tax Act of the country they are employed in. Thus, salary structure of such employees needs to be carefully planned and designed to reap maximum tax benefits and avoid double taxation of income.
We, at Aplite, provide all services related to expatriate taxation services including:
- Salary Structure Planning
- Tax Planning
- Tax Deducted at Source (TDS) calculations
- Income Tax Return Filing
- Obtaining Income Tax Clearance Certificates/ No Objection Certificate
- Expatriate Litigation
4. NRI Taxation : Non-Resident Indians are citizens of India living abroad mainly for the purpose of employment. The income earned by such NRIs is taxable in India as well as in the country they reside in, owing to Source and Residency rules of taxation followed worldwide. In such cases, their incomes become prone to double taxation which lays heavy on their pocket. However, many benefits have been given to such citizens under Indian Income Tax Act as well as per the respective Tax Treaties (also called DTAAs) signed between the countries. But such treaties need to be carefully studied and interpretated to determine correct taxability.
At Aplite, we specialize in NRI taxation services in India, serving over 1000 clients globally. We provide expert assistance in:
- Taxability of salary, business, and interest income
- DTAA advisory and tax relief planning
- Income Tax Return filing for NRIs
- End-to-end compliance and litigation support
Our global exposure and updated knowledge of international tax developments allow us to deliver reliable and strategic tax solutions.
Want to know more? Contact us today and let our experts guide you with the best international taxation solutions tailored to your needs.