What is International Taxation?
International taxation deals with the tax implications of cross-border transactions, including:
1. Double Taxation: When income is taxed in two or more countries due to overlapping tax jurisdictions.
2. Transfer Pricing: The pricing of transactions between related entities in different countries.
3. Permanent Establishment (PE): Determining whether a foreign company has a taxable presence in another country.
4. Tax Treaties: Agreements between countries to avoid double taxation and prevent tax evasion.
With India’s tax authorities increasingly focusing on cross-border transactions, seeking professional advisory services is crucial for businesses to navigate the complex TP landscape, ensure compliance, and avoid costly litigation.