Accounting & Tax

International Tax Services (ITS): real opportunities from recent company news

kelvy reads company news and scores each event against the services a International Tax Services (ITS) practice sells. These are real events from a sample of public companies, scored 4 or 5 out of 5.

Business Tax Services (BTS)State & Local Tax (SALT)International Tax Services (ITS)Transfer Pricing (TP)
  1. 4JPMorgan Chase & Co.2 days ago

    JPMorgan Plans to Double GIFT City Business in Two Years

    JPMorgan Chase & Co. intends to double its business at GIFT City, India's international financial services hub, over the next two years. The bank is increasing investment in the hub as part of the expansion.

    Foreign Tax Credit (FTC) Planning

    JPMorgan must plan for double taxation risks as GIFT City operations scale

    Expanding in India (a high-tax jurisdiction) will generate foreign taxes that can be offset against US liability, but without planning, credits may be limited or lost.

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