Yash Thakkar

International Taxation:

• Analyzed the impact of Permanent Establishment (PE) risks for various clients and developed business operating protocols to mitigate potential tax liabilities.
• Provided advisory services through comprehensive desktop research on the taxation of companies across multiple jurisdictions, ensuring compliance and optimizing tax positions.
• Evaluated significant economic presence implications for offshore goods supply by non-resident entities, advising clients on regulatory frameworks and compliance measures.

Restructuring Advisory: M&A Tax Advisory

• Assisted in preparing a Strawman Structure to identify optimal ownership, investment, and funding strategies for investments in specified jurisdictions and India, focusing on tax and regulatory implications.
• Advised on the place of effective management considerations for non-residents with holding companies in India.
• Conducted detailed analysis of stake sale implications, including indirect transfers for a leading public sector company, ensuring alignment with tax regulations.
• Provided comprehensive advisory on domestic and international tax implications relevant to Indian entities.
• Developed and presented strategic options for business unit restructuring in India, including considerations for slump sale.

Other corporate tax advisory:

• Evaluated the tax implications of share buybacks from resident shareholders, ensuring compliance with direct tax regulations.
• Delivered expert advice on the applicability of Section 56(2)(viib) and 56(2)(x) of the Income Tax Act, 1961.
• Addressed routine tax queries related to withholding transactions, providing timely and accurate guidance.

Corporate tax compliances:

• Computed advance tax liabilities and prepared, reviewed, and filed Income Tax Returns for a diverse range of corporate entities in sectors including industrial, energy, consumer, and services, as well as high-net-worth individuals.
• Managed appeals and assessments for corporate and non-corporate entities, including TDS proceedings.
• Prepared Chartered Accountant's certificates in Form 15CB for various transactions, ensuring compliance with regulatory requirements.

• Assisted in developing optimal ownership and investment structures for cross-border investments, ensuring compliance with tax and regulatory frameworks.
• Conducted analysis of Double Taxation Avoidance Agreements (DTAA) between India and other jurisdictions.
• Performed share valuations in accordance with Section 11UA of the Income Tax Rules.
• Drafted client opinions on Corporate and International Tax, Ind AS, and Transfer of Property Act (TOPA).
• Executed tax and financial due diligence for client companies, facilitating informed decision-making.
• Prepared Information Memorandums (IM) and teasers for startups and companies seeking funding.
• Supported statutory audits and limited reviews for group companies in financial services, including Asset Reconstruction and Non-Banking Financial Companies.
• Managed tax audits and return filings for public and private companies, ensuring adherence to regulatory requirements.
• Reviewed and certified compliance with Companies Act, SEBI (LODR), RBI, CARO, and Internal Control over Financial Reporting (ICFR).
• Advised clients on the adoption of Indian Accounting Standards (Ind AS) and prepared consolidated financial statements under Ind AS and IFRS.
• Assisted in the preparation of Transfer Pricing Study Reports to support compliance and documentation.