success stories

TAX REORGANISATION

 

  • Client need
    • A client with a leading position in the healthcare and financial services sought for an opinion on tax implications on their proposed reorganization which included amalgamation and liquidation of its subsidiaries.

 

  • Our solution
    • Provided a comprehensive memo outlining recommendations and solutions to the various queries raised relating to reorganization.
    • The advice rendered by KNAV was substantiated with the legal literature, judicial pronouncements, recent tax developments (e.g. GAAR, PoEM, etc.) and its consequences.
    • Elaborated the tax implications with regards to the various aspects involved i.e. capital gains and tax incidence thereon, explaining various ingredients of capital gain and its mode of computation.