Get expert advice on International Taxation with Narula Gupta & Co.

Understanding International Taxation and Transfer Pricing

When conducting business across borders, you may face complex procedures associated with compliance, International tax planning, and global transfer pricing services.  These are common in supply chain management, international mergers and acquisitions, and expansion services.

While these sound complex, they are an essential part of day-to-day business operations. Let a top service provider like Narula Gupta & Co. ease your international trade.

1. Compliance

The law of the land may vary as per government regulations. To ensure that clients are conducting business practices in line with legal norms, auditors and service providers need to ensure the following:

• Regulatory compliance services: These are set by bodies appointed by the government and depend on the sector in which the business operates.
• Statutory compliance services: These are laws set by the government to ensure free and fair practices, consumer protection, and prevent financial scams and crimes.
• International/ global compliance services: These are laws and rules set by international authorities and after bilateral discussion that act as the basis of international trade.

To avoid being penalized for lack of compliance via fines and legal action, avail International Compliance services of market experts at Narula Gupta & Co.

2. Preparing Tax Returns

Individuals and businesses are both responsible for filing returns. This can help with procedures like:

• Easy loan and claims processing
• Applying for funding
• Avoiding fines and legal complications
• Calculate liabilities
• Settling outstanding dues that may lie with the government
• Proving proof of earning
• Obtaining government tenders and similar major projects

Narula Gupta & Co. deploys experts to ensure that not only are your tax returns filed accurately, but that you get the maximum benefits that can be availed.

3. Profit Repatriation

Sending profits earned in a foreign land back to the country of origin after meeting tax requirements is known as profit repatriation. While the norms may vary based on the countries involved, this facilitates:

• Flexible investments
• Helps meet financial commitments in the country of origin  

With expert International Tax Advisors at Narula Gupta & Co., optimize the process of profit repatriation and navigate regulatory hurdles.

4. Foreign Tax Credits

Introduced worldwide, it is a measure that allows companies operating across borders to avoid double taxation for their incomes from products and services. While the process may involve different steps depending on the country, having experts handle the process not only helps simplify the operations but also ensures that the necessary documents are filed.

5. Benchmarking Dtudies

Compare your company vis-a-vis the competitors to ensure that you are delivering the best in the market. Ensure competitiveness with benchmarking services from financial experts at Narula Gupta & Co.

6. Tax Controversy Management

To settle tax disputes between companies that tax collectors like the governments, it becomes essential to employ tax controversy management. Employing international tax advisors can be beneficial in preventing disputes with proper negotiations, proactive consultation with tax authorities, and maintaining the right documents.

This helps avoid, appeal, and support litigations, as well as help with mediations and ADRs.

7. Advisory Services To Identify Tax Incentives

To maintain pace with evolving laws and reduce tax liability during international tax planning while operating across borders, it is best to avail of tax and compliance services. Not only do experts have the requisite knowledge, but they also help optimize financial decisions.

8. Formulating and assisting with Global Transfer Pricing

Being an emergent field, transfer pricing has a huge impact on financial services ranging from loans and investments to marketing and supply chain. With global transfer pricing services, not only can you avail benefits from variations in tax regimes, but it also encourages fair and accurate financial reporting. 

Experts at Narula Gupta & Co. are well-versed in policies and protocols associated with global transfer pricing.

9. Location-specific documentation and agreements

Laws vary as per the country and its regulatory authority. To ensure maximum tax returns, the auditors and international tax advisors should have a good understanding of tax policies and global compliance services.

Get international tax services in India with experienced financial experts at Narula Gupta & Co.

10. Maximizing tax returns with effective supply chain management

Integrating data across functions can help design a better supply chain. International businesses with high effective domestic tax rates stand to gain significantly from this practice. Avail international tax services in India that provide experts across the field of finance to optimise tax returns when it comes to supply chain management.