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Refund of withholding taxes for an engineering and consulting company based in Austria

Engagement (EPC Contract Structuring): SKP was engaged by an Austrian engineering and consulting company, dealing with refractories to structure their EPC contract. Our team was involved in resolving their withholding tax issues for services related to the construction of a Magnesium Sinter plant in India.

Our solution led to 0% withholding tax on their income.

Value Delivered
Our team’s efforts resulted in saving the 30% taxes withheld on the client’s income of USD 10 million. We were involved in the actual filing of the refund application, after which the client obtained a refund of the entire amount of tax paid.