Adam Wake

Globalization has led to an increase in cross-border and international transactions. Along with the same, governments’ incentives to induce investment have also led to tax havens in certain areas. Businesses often use such provisions to reduce their tax burden and for tax planning. However, transactions between related parties need to be at Arm’s length price. Transfer Pricing applies to transactions between related parties. The Income Tax Act governs transfer pricing in India. Are transfer p...

The adaption to the digital economy has been a game-changer for many budding entrepreneurs as it has allowed them to start their own business. However, most entrepreneurs struggle with the complex tax laws associated with a business. One would need to look at a variety of laws before filing one's income tax return. Apart from that, GST also needs to be considered. In such circumstances, it is better to hire a professional who can look after your tax requirements and considerations. Most entrepre...

We are familiar with the successful acquisition of Pixar and Disney, Exxon and Mobil, and merger of Sirius Satellite Radio and XM Satellite radio. Behind every successful acquisition or merger is a well-executed quality financial due diligence. Due diligence conducts a complete analysis of the business and hence avoids the possibility of a lousy investment.  What is Financial Due Diligence? Financial due diligence is an analysis performed to obtain accurate figures on financial numbers an...

Outsourcing is a business tactic in which an establishment hires another firm or an individual to accomplish tasks, handle operations or deliver services that are either usually performed or had earlier been done by the company's employees. Companies today can outsource several tasks or services. They frequently outsource information technology services, technical support, manufacturing services, and financial or accounting services. Our country has now become a major economic power. In re...