| The company was faced with international tax planning issues related to the establishment of a Greenfield packaging plant in India.
SKP evaluated and presented various options of profit repatriation techniques parallel to determining a holding company location, suggested initial capitalisation in terms of debt and equity and also suggested an efficient method by which Canadian taxes could be minimised on transfer of equipment.
A leader in dredging services won a contract in India. SKP’s mandate was to minimize the tax liability in India after duly considering the impact of Belgian taxes.
Our innovative solution involve using a group company in maintaining to effectively structure the dredging contract leading to a 40% tax saving on the USD 75 in project. And without any additional taxes in Belgium. |
