With increasing complexity in the tax laws around the world, it has become essential for businesses as well as individuals to not only ensure that their tax policies and positions are in compliance with the law, but also to make sure that they stand up to public scrutiny. There are new concepts of taxation evolving, like GAAR, POEM, BEPS, which have to be considered while advising.
We, at Mehta Chokshi & Shah, consider tax strategy as an integral part of the overall business strategy and focus on ensuring that the tax function supports the larger approach to business. We constantly keep abreast of the changing landscape of taxation both within India and foreign jurisdictions. This enables us to provide currently relevant and appropriate structures which are tax compliant.
We advise our clients on major developments in taxation regimes occurring periodically and their effect on business. We provide effective processes to improve day-to-day reporting thereby reducing attribution errors, reducing costs and ensuring taxes are handled correctly.