Outsourced Tax Function
Given the dynamic tax landscape, compliances have become increasingly complex. Businesses are required to stay up to date with various amendments as well as ensure compliance with the ever-evolving tax requirements. Gone are the days when tax compliances were an annual activity that businesses ticked marked as yearly compliance. Today, tax compliances have increased significantly and require continuous monitoring and adherence to compliances during the year. Failing to adhere to compliances further attracts interest, penal and other consequences.
Accordingly, it is imperative for businesses to pro-actively plan for the year-round compliances and sketch out a holistic tax compliance calendar.
To cope with the tax compliances, businesses need a stable and professional tax team to ensure that the necessary compliances are being efficiently adhered to.
We at BDO India, assist businesses by providing skilled tax professionals to assist in day-to-day compliances and ensure efficient and timely adherence to various due dates. We also assist by providing specific trainings, like: Impact of MLI on tax treaties, Implication of ICDS on the tax computations, etc. to their employees to keep them abreast with noteworthy amendments.