Sample Engagements
European Energy Giant
We provided advice on all the tax and regulatory aspects of an integrated LNG project, providing assistance from concept to completion. We consulted on the financing arrangements, financial model review, structuring and tendering review of EPC contracts, and advised on expatriate taxation. We also assisted in capturing project development costs.
Global Integrated Energy Major
We provided tax and regulatory assistance in respect of a prospective acquisition - advising on the fiscal implications arising in India in the context of a farm-in interest, and assisting in the investment structuring aspects of the deal. We also provided tax compliance outsourcing services.
US Upstream Major
We provided ongoing assistance with the tax and regulatory matters relating to an upstream interest in India – including representation to the revenue authorities with respect to three farm-out transactions.
European Energy Major
We provided various services in relation to a reorganisation – advising the client on the proposed acquisition of a minority interest in a downstream subsidiary and on the sale of another business. The reorganization project involved the merger of four companies into one.
Australian EPC Contractor
We provided advice with respect to the fiscal and regulatory issues, including income tax, service tax and exchange control regulations. We pursued successful writs at the High Court in relation to withholding tax and works contract tax.
European Provider of Oilfield Services
We managed the Indian tax compliance function in respect of income tax, personal tax and service tax. We advised on the service tax liability for onshore, shallow water and deepwater seismic operations, and provided advisory and compliance support to the in-country data processing centre.
Integrated Energy Major - LNG / Port
We carried out a capitalization exercise for a US$ 600 million integrated port and LNG storage and re-gasification terminal. The scope of work included:
European Gas / LNG Major
We advised on the conceptualization and development of alternate LNG supply models for the client in India – structuring the LNG supply chain for the company from an Indian fiscal and regulatory perspective and preparing a tax model providing build-up of taxes on various alternate supply models.
Industry Representation
We prepared industry representation (comprising the major upstream players operating in India) to the Government of India on Service Tax issues relating to upstream operations.
We provided advice on all the tax and regulatory aspects of an integrated LNG project, providing assistance from concept to completion. We consulted on the financing arrangements, financial model review, structuring and tendering review of EPC contracts, and advised on expatriate taxation. We also assisted in capturing project development costs.
Global Integrated Energy Major
We provided tax and regulatory assistance in respect of a prospective acquisition - advising on the fiscal implications arising in India in the context of a farm-in interest, and assisting in the investment structuring aspects of the deal. We also provided tax compliance outsourcing services.
US Upstream Major
We provided ongoing assistance with the tax and regulatory matters relating to an upstream interest in India – including representation to the revenue authorities with respect to three farm-out transactions.
European Energy Major
We provided various services in relation to a reorganisation – advising the client on the proposed acquisition of a minority interest in a downstream subsidiary and on the sale of another business. The reorganization project involved the merger of four companies into one.
Australian EPC Contractor
We provided advice with respect to the fiscal and regulatory issues, including income tax, service tax and exchange control regulations. We pursued successful writs at the High Court in relation to withholding tax and works contract tax.
European Provider of Oilfield Services
We managed the Indian tax compliance function in respect of income tax, personal tax and service tax. We advised on the service tax liability for onshore, shallow water and deepwater seismic operations, and provided advisory and compliance support to the in-country data processing centre.
Integrated Energy Major - LNG / Port
We carried out a capitalization exercise for a US$ 600 million integrated port and LNG storage and re-gasification terminal. The scope of work included:
- Verification of classification of assets from a fiscal and accounting perspective;
- Tax optimization of the capitalization exercise in view of the tax holiday provisions; and
- Verification of the allocation methodology for the assets from an accounting and tax perspective
European Gas / LNG Major
We advised on the conceptualization and development of alternate LNG supply models for the client in India – structuring the LNG supply chain for the company from an Indian fiscal and regulatory perspective and preparing a tax model providing build-up of taxes on various alternate supply models.
Industry Representation
We prepared industry representation (comprising the major upstream players operating in India) to the Government of India on Service Tax issues relating to upstream operations.
Contact UsGokul Chaudhri
D +91124 339 5040
T +91124 339 5000
F +91124 339 5001
gokul.chaudhri@bmradvisors.com
D +91124 339 5040
T +91124 339 5000
F +91124 339 5001
gokul.chaudhri@bmradvisors.com
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