Business is gradually becoming borderless with the opening up of the world economy.
Multifold growth has been registered in the international business of companies all across the world.
This has also alerted respective governments (who have different models, priorities, and tax structure) to ensure that due tax is paid in their country and there is no direct/indirect benefit to the other country at the their cost.
It has resulted in formation of complex international tax laws, which needs expertise to successfully handle and comply with them. In the near future, implementation of IFRS is going to be a reality. Already more than 100 countries have accepted and signed for compliance. We not only help you to assess your future needs but also provide best-suited solutions for the current business in respect to international business and transfer pricing. Government of India has also notified Advance Pricing Agreement Norms that will provide certainty about tax liability. Corporate Leaps assists you in selecting the method of determining the transfer pricing between an arm and parent company that will absolve the company from future litigation and compliance procedures.