What is Taxation??

Taxation is a term by which government finances their expenditure by collecting charges from citizens and other large and small scale industries which directly and indirectly helps them only.
There are various types of taxation like:-
Income tax:- Government imposes these taxes under their jurisdiction on financial entities, Including individuals and large and small businesses.

Corporate tax:- These are the taxes which are imposed on the profit of the businesses.

Property tax:- A property tax is a type of tax which is paid by the owner of a property or a land.

Inheritance tax:- A type of tax which is imposed on the individual who inherits the property of a deceased person.

Sales tax:- A tax which is imposed and collected by the government on the sales and goods.

What is international taxation??

Every state may tax their subject. However, an issue is raised when there is an incidence of tax levied by two countries on the same property or person. The OECD committee on fiscal affairs stated the problem as "imposition of comparable taxes in two or more states on the taxpayer in respect of the same subject matter and for identical periods:"
Generally, a country will tax its citizens on their worldwide income and also the income and gains at the source. The source principle envisages that a country will tax their citizens and also non-resident person's incomes and gains in the country. The issue of jurisdiction arising from residence and source is one of the main issues on international taxation. Many Corporations select destinations to save taxes and the International tax policy would be to control such activities.

About ASC:-
ASC Group which started in the year 1995 with a view of providing financial and accounting based consultancy, Now is one of the leading CA firms in India and is providing various types of consulting to different startups and individuals. It has a number of advocates, Businesses consultants and many other business heads which helps others in getting established.
What ASC Provides??

We have an impressive portfolio of services across international taxation and domestic taxation. Our experienced team of professionals comes with a strategic approach and useful insights for your business with special focus on transfer pricing, expatriate tax, and representation before authorities. We provide useful international taxation in India so that the firms are able to get developed and established.

· Our team helps you with.
· Corporate Tax (R&D Tax) / Corporate Tax Advisory.
· Representation before Transfer Pricing Authorities for TP assessment.
· Corporate Tax and Regulatory Compliance.
· Foreign Exchange Regulations.
· Inbound Investment Structuring / Outbound Investment Structuring.
· Tax Litigation.
· Advice on cross-border transactions.
· Advice on double tax treaties and foreign tax systems/implications.