Resources

Case Studies

Search
By Category
Keywords

Over the years, SKP has assisted over 1,200 clients from over 45 countries in doing business in India and abroad. Our clients include Fortune 500 companies, multinational corporations, entities listed on global exchanges, private equity/venture capital–owned companies and family-owned businesses. Here are a few examples of our work where we've helped our clients in dealing with the various complexities of doing business in India and abroad.

Multi-country tax compliances for a major Indian software company

Engagement: SKP was engaged by a major Indian software company with global operations for handling their indirect and direct tax compliances, internal audit and statutory audit support, as well as coordinating with the client, consultants and auditors in 36 countries across Europe, Middle East, Africa and Asia-Pacific.


Solution
We reconciled taxable income (VAT) with sales as per the general ledger. We verified that VAT had been correctly charged on different types of invoices. We handled Onsite/Offsite/On-Off/Advances/Advance reversal, allowance of input tax credit and applicability of reverse charge.

Value Delivered
We provided the client with a single point of contact for complicated multi-country tax compliances. This led to a faster turnaround time with no need to depend upon or coordinate with consultants across countries.