Tax

Led by senior partner Aliff Fazelbhoy and partner Statira Ranina, our tax practice provides clients with specialised advice in terms of innovative tax solutions, structuring and execution of transactions and overall tax planning. We are often a part of global tax planning for mergers and acquisitions, assisting clients with their Indian tax requirements.

Our varied experience of Indian direct and indirect tax laws helps us to give comprehensive, legal, practical and solution based advice to clients.

Direct Tax Experience - ALMT Legal’s direct tax practise includes advising on tax efficient jurisdictions for investment into and from India, advising foreign clients on adopting tax efficient structures for their Indian entities, advising on transfer pricing issues, structuring of loans to subsidiaries, structuring employee stock option plans and on a more micro level, personal tax structuring for expatriate executives who are deputed to India. ALMT has also been advising on more topical issues such as taxation of cross-border software payments, withholding and other tax issues arising as a result of Indian call centres and BPOs. We have also assisted clients in defending disputes before various income tax authorities.

Indirect Tax Experience- ALMT Legal’s indirect tax practise encompasses all indirect taxes in India including issues relating to service tax, VAT, customs duties and excise. We have advised foreign clients on indirect tax implications relating to goods and services flows into and outside India and on structuring such flows to minimize the incidence of tax. We have also advised on various related issues such as export and import of services including the reverse charge mechanism, availment of input tax credits, appropriate classification of services, taxation of works contracts, exemption from tax for both goods and services, import duties, etc.