TAXATION

In today's global competitive economy, effective tax advice and planning gives businesses a distinct advantage. The skilled team at C Miinds specializes in creating optimum tax solutions by:

• Understanding client business vision
• Aligning tax services with business needs
• Implementing innovative practical ideas
• Accurate analyses and interpretation of data, balance sheets etc.
• Striking balance between rewards and risks
• Discussing group tax planning opportunities
• Using Direct & Indirect tax specialists for tax planning

Customized tax solutions for each client are formulated to identify and leverage opportunities resulting in significant Tax savings. Our tax division handles complex tax compliance, return filing obligations and deadlines allowing clients to focus on crucial core-business operations.

Our overall tax approach is driven by a single aim - to work in partnership with managements to define, customize and implement the services required. We present our analysis, comments and recommendations to clients for their deliberation before filing of returns.

Our result-oriented services include:

• Entry Strategy
• Corporate Tax Advisory
• Corporate Tax Compliance
• Transfer Pricing
• Executive Services

Entry Strategy

We provide an inclusive package of viable solutions for potential investors at various phases of the investment process.

Our services include

• Reviewing of Business plans
• Information Memorandum from a tax and regulatory perspective
• Advise on feasibility of various business assumptions
• Advise on ownership structuring
• Establishing legal entities
• Complying with registration formalities ? etc.

Corporate Tax Advisory

Competent planning of taxation can reduce tax cost by considering the tax component as a business variable rather than a static regulatory cost. Through in-depth insights of your business we identify risks and opportunities to formulate profitable tax-planning ideas for clients.

We guarantee flexible tax solutions with emphasis on delivery of value. Tax-saving opportunities are identified and discussed with the management before taking positions in the income tax returns.

Corporate Tax Compliance

Tax compliance is an important part of corporate governance and disciplined compliance by organizations is essential. We guarantee meticulous attention to detail and adherence to tax provisions during preparation and filing of tax returns which reduces unnecessary legal litigations.

We offer :

• Corporate tax income tax return preparation
• Tax withholding
• Assistance in preparation and filing applications with the Authority for Advance Rulings
• Assistance in preparation and filing of appeals at the income tax authorities
• Tax litigation support

Transfer Pricing

The detailed Transfer Pricing provisions in the Indian Income-tax Act along-with the emergence of transfer pricing as an international tax issue has resulted in multinational enterprises facing the daunting task of allocating and apportioning their global profits to conform reasonably to the economics of the transactions.

Transfer-pricing provisions play an important role in assessments by the Indian tax authorities who have the authority to levy stringent penalties for non-compliance or non-maintenance of specified documentation.

With the growth in globalization of business, double taxation, interest penalties etc., a proactive approach to Indian transfer pricing compliance is absolutely imperative. The C Miinds transfer pricing services include:

• Preparation of Transfer pricing study
• Review of documents from a transfer pricing perspective
• Assistance in compliances with respect to transfer pricing documentation
• Preparation of mandatory certification requirements with regard to accountant?s report
• Assistance in representation before tax authorities on tax litigations relating to transfer pricing

Executive Services

Employees form a major resource of every company and satisfied personnel are vital to the growth of an organisation. Competent tax-planning by the management to mitigate tax-costs of employees is key to retaining high-performance personnel.

C Miinds provides end to end solutions with regard to tax and regulatory services required by local employees as well as outbound / inbound assignees.

Our services include compensation-structuring, stock option planning, assisting in preparation and filing of tax returns for local and international assignees considering both domestic and international tax laws.

For International assignees, we conduct an entry interview and offer advice on tax status, tax-planning opportunities, obtain FRRO registration and also exit planning.