International Tax
“International Taxation” is concerned with taxation of cross border transactions. It grapples with the situation of mitigating double taxation both in home (residence) country and host (source) country by means of Double Tax Avoidance Agreements (DTAAs).
It also deals with Transfer Pricing issues to ensure that there is no leakage of revenue by means of Transfer Pricing mechanism.
Some common issues arising out of International Taxation are taxation of International Transactions in India, Applicable Withholding Taxes, Calculating Foreign Tax Credit, Interpretation of DTAAs, Formation of PE in India, Transfer Pricing Documentation and Certifications etc.