The document discusses the various taxation services provided by Global FPO, including direct tax consultancy services for corporate and individual clients, tax compliance services, tax representations, foreign remittance certifications, US GAAP and FIN-48 reporting, risk assessment, and indirect tax consultancy services. The services cover areas like tax planning, documentation, personal and corporate tax filing and support, transfer pricing, assessments, and advisory services for taxes like income tax, wealth tax, and goods and services tax.

1. Taxation
The taxation services provided at Global FPO can be broadly categorized under the following
categories:
Direct Tax Consultancy Services: Taxation being a highly specialized area requires skills relating to
tax planning, documentation and representations. Indian Taxation environment is ever changing and
can be challenging for any business. Our main focus is to identify opportunities for our clients that can
help them to manage their affairs in the most tax efficient manner. Global FPO provides end-to-end
tax planning, tax consultancy services including international tax planning, fringe benefit tax
consultancy and FIN-48 risk assessment to corporate clients, Indian Resident Individuals and Non
Residents.
Tax Services for Corporate Clients: We specialize in Undertaking Direct tax support services for
Multinational corporate clients. With our functional Knowledge of ERP (SAP/ CODA/ Oracle etc.)
environment, these services may be provided at the clients place or at our own offices and may be
suitably customized as per the requirements of each client. The services provided include the
following:
• Handling day-to-day tax matters including replying to various tax notices and providing
necessary tax support on regular tax matters
• Management of tax records and reports in soft and hard files including documentation as per
SOX
• Tax compliances including advance Income tax and FBT calculations and deposits, TDS
compliances and filing of various returns

2. • Tax Audit support services – Including compilation of various details for tax audit purposes
and providing audit support to auditors
• Providing necessary information to Statutory auditors or management auditors in relation to
tax matters
• Support in compilation of Transfer pricing Documentation and Certification
• Compilation of Corporate tax returns (Income tax, wealth tax and FBT) and its e-Filing with
the revenue department
• Providing support in the areas of PAN, TAN, online tax credits view etc.
• Tax reporting on defined frequencies i.e. monthly quarterly, annually to parent company as
per their formats
• Risk Assessment
• FIN 48 and US GAAP tax reporting
• Compilation of Various details for Tax Assessment purposes (Scrutiny, Appellate level) for
Income tax and Transfer pricing
• Tax representations before Assessing officers in connection with tax assessments including
transfer pricing
• Discussions with senior councils for appellate and other important matters
• Coordination with the Internal Accounting department of the company for tax related support
and tax account reconciliation
Personal Taxation Services: The constantly changing tax legislations and complex domicile status
issues have made it essential for high net worth individuals, owner-managers of businesses, corporate
directors and executives to seek expert personal tax advice.
We offer personal tax planning, tax compliance and advisory services covering the following:
• Personal Tax Consulting
• Personal Tax Compliances – Compiling and filing of Tax returns
• Review and assistance in advance tax computations
• Representation before tax authorities in connection with tax assessments, refunds or other
matters
• Support in getting various tax registrations including Permanent Account Number (PAN), view
you tax credit online etc.
• Management of tax records in soft and hard forms
• Advise on tax issues like capital gains/ loans/ tax Investments etc.
Tax Compliances: We undertake Regulatory compliances viz. statutory returns and documents
preparations, compilations and e-filings with the revenue authorities including the following:

3. • Preparation and Review of corporate tax returns to ensure compliances with the Income Tax
Act, 1961 and the various judicial pronouncements
• Preparation and Review of the withholding tax (TDS) returns as per the provisions of the
Income Tax Act
Tax Representations
• Undertake tax representations before Revenue authorities for Tax Assessments of Income tax
and transfer pricing cases and other tax matters
Foreign Remittance Certifications: We undertake consultancy and Certification services needed for
making foreign remittances following the provisions of section 195 of the Income tax Act, 1961 or as
per Double Taxation Avoidance agreements (DTAA) as per the guidelines of Reserve Bank of India.
The services under this category broadly include the following:
• Advising on the applicability of withholding tax on various foreign remittances as per Indian
Income tax Act / DTAA
• Royalty and Technical know-how workings as per Reserve Bank of India guidelines and
formats and withholding tax certification on such remittances
• Seeking certificates from the International taxation department for non/lower deduction of tax
at source
• Representations before International taxation authorities in connection with any matters
arising out of withholding tax on foreign remittances
• Other documentation and remittance support and dealing with authorized dealers in
connection with foreign remittances
US GAAP and FIN-48 Reporting
Risk Assessment
The Financial Accounting Standards Board (FASB) issued interpretation no. 48, ‘Accounting for
Uncertainty in Income Taxes’- an interpretation of FASB Statement No. 109 (FIN 48). FIN 48 clarifies
the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements in
accordance with FASB Statement No. 109, Accounting for Income Taxes (SFAS 109). This
Interpretation prescribes a recognition threshold and measurement attribute for the financial
statement recognition and measurement of a tax position taken or expected to be taken in a tax
return. This Interpretation also provides guidance on de-recognition, classification, interest and
penalties, accounting in interim periods, disclosure, and transition. FIN 48 is effective for fiscal years
beginning after December 15, 2006. With FIN – 48 in application, the risk assessment of tax benefits
recognized in the Indian local books of accounts is to be reviewed based on the technical merits of the

4. position and meeting US tax reporting requirements. The services offered by us encompass a wide
range of tax issues including:
• Review of various Tax positions taken by the company and its evaluation under the present
tax laws, decided judicial pronouncements, past history of the company, audit developments
etc.
• Supporting the review and advice on various tax Positions with clear and unambiguous tax law
and more-likely-than-not recognition standards
• Supporting the evaluation with Documentation considering the appropriate level of evidence to
hold management’s conclusions, materiality and complexity of the uncertain tax position
• Effective Tax Rates (ETR) Reconciliation
• Reporting under FIN 48 in the defined formats
Indirect Tax Consultancy Services: Our Service Delivery Model for this unit includes:
• Filing of returns
• Assessment & Litigation Support
• Opinions & Certifications
• Arbitration
• Advisory services on conducting business in Special Economic Zones (SEZs)
• Transaction Support Services