Tax
Highly-regarded for its expertise in international tax, the practice at Nishith Desai Associates regularly assists multinational corporations and sovereign wealth funds with their transactions in India. Key focus areas of the firm’s tax practice include inbound and outbound structuring, digital tax and transaction tax. The practice has been busy advising its clients on new developments in digital tax, including the introduction of an equalisation levy and data localisation rules. The team is a popular choice with crypto exchanges and gaming companies for tax issues within crisis management. At practice head level, founding partner Nishith Desai is highly regarded; Parul Jain is a key name for cross-border investments and group reorganisation strategies; and Dhruv Janssen-Sanghavi who leads from the Netherlands.
Key clients
- British Columbia Investment Management Corporation (BCI)
- W Health Ventures
Work highlights
- Acted as legal and tax counsel for British Columbia Investment Management Corporation and Abu Dhabi’s sovereign investor Mubadala Investment Company (Mubadala) in becoming the new anchor investors in Cube Highways Trust.
- Assisted W Health Ventures with the restructuring of a cross-border health-tech focussed venture capital fund, and an in-house incubator for health-tech ventures.