Location - Bangalore / Gurgaon (hybrid)
Experience- 6-12 Years
Job Description
Key Responsibilities :
1. Corporate Interest Restriction (CIR) :
- Interpret and apply key CIR concepts including :
- Definition and assessment of groups
- Calculation and application of the Group Ratio Rule (GRR) and Fixed Ratio Rule (FRR)
- Application of de minimis thresholds and the debt cap
- Assessment and impact of Public Benefit Infrastructure Exemption (PBIE) elections
- Compliance and administrative requirements
2. Other Interest Restrictions :
Analyze interest deductibility in relation to :Transfer pricing (TP) adjustmentsUnallowable purpose rulesAnti-hybrid rulesLate payment restrictions3. Real Estate Structures & Taxation :
Advise on tax implications of various real estate investment structures, including :Fund structures, partnerships, JPUTs (Jersey Property Unit Trusts), and REITs (Real Estate Investment Trusts)Comparison of UK vs. non-UK holding companies for UK real estate investmentsProvide structuring advice on acquisitions, disposals, and reorganizations4. Non-Resident Capital Gains Tax (NRCGT) :
Understand and apply NRCGT principles including :Identification of UK property-rich companiesTreatment of latent gainsScope of UK taxation for non-UK residents on share disposalsApplication and consequences of exemption and transparency elections5. Capital Allowances & Group Taxation :
Advise on capital allowance claims within property structuresApply group tax principles, including :Nil gain / nil loss transfersDegrouping chargesGroup relief claims and restrictionsLoss relief (carry forward, carry back, and restrictions)Advisory & Client Support :
Provide tax structuring advice on property acquisitions and disposalsDeliver cross-border tax advice and conduct due diligence for international transactionsAssist clients in establishing tax-efficient property fund structures, including UK REITsSupport clients with deferred tax accounting for complex real estate groupsProvide specialist input on CIR, anti-hybrid, transfer pricing, and group relief interactionsParticipate in client pitches, proposal preparation, and other business development activitiesBudget- 19-27 L for Sr. Manager, 27-35 L for Associate Director
ref : iimjobs.com)