Direct Tax

About Client:

A leading IT Service based company

Key Responsibilities:

Manage the preparation and filing of all direct tax returns, including corporate income tax, withholding tax, and any other relevant tax filings.

Ensure compliance with all applicable tax laws and regulations, including monitoring changes in tax legislation and assessing their impact on the company.

Analyse financial data to identify tax planning opportunities and develop strategies to minimize tax liabilities while maximizing benefits.

Collaborate with internal stakeholders, including finance, legal, and operations teams, to provide tax advice and support on business transactions, restructuring, and other initiatives.

Prepare and review tax provisions, including deferred tax calculations and tax account reconciliations, in accordance with accounting standards (e.g., ASC 740).

Manage relationships with external tax advisors and auditors, ensuring timely completion of tax audits and responding to inquiries from tax authorities.

Conduct research on complex tax issues and provide recommendations to management on tax-efficient structures and transactions.

Stay current on industry trends and best practices in direct taxation, and proactively identify opportunities for process improvements and efficiencies.

Assist in the implementation of tax technology solutions to streamline tax processes and enhance reporting capabilities. Provide training and support to finance and accounting teams on tax-related matters, including new tax regulations and reporting requirements