Pillsbury LLP, a distinguished international law firm, sought Majmudar & Partners’ expertise to evaluate offshore transaction structures and assess the Indian tax implications, including capital gains tax, corporate tax, stamp duty, indirect transfer tax provisions, and their interaction with general anti-avoidance rules (GAAR).

Facilitating the Transaction

Majmudar & Partners provided comprehensive assistance in the following areas:

• Comprehensive Offshore Structuring Analysis: Evaluated multiple offshore transaction structure alternatives to determine the most tax-efficient and compliant approach.
• Capital Gains Tax Assessment: Conducted a detailed analysis of capital gains tax implications arising from the proposed offshore transactions. The firm examined specific scenarios, exemptions available under Indian tax laws, and the impact of recent amendments on non-residents.
• Corporate Tax and Stamp Duty Advisory: Provided insights into corporate tax liabilities and stamp duty obligations associated with the transaction.
• Indirect Transfer Tax Provisions Compliance: Analyzed the applicability of India’s indirect transfer tax provisions to offshore transactions involving underlying Indian assets.
• (GAAR) Advisory: Provided detailed guidance on the interplay between the proposed offshore transaction structures and India’s GAAR provisions.

By leveraging Majmudar & Partners’ in-depth understanding of Indian tax laws and offshore transaction structures, Pillsbury LLP was able to provide its clients with informed, compliant, and tax-efficient strategies for their cross-border transactions involving India.

Majmudar & Partners offers specialized tax advisory services for international law firms and corporations engaged in cross-border transactions with India. Contact us today to learn how we can assist in structuring your transactions to ensure compliance and tax efficiency.