Inheritance and gift management involves effective tax arrangements to facilitate effective and efficient transfer of wealth. We assist people in knowing about the tax consequences of their receipt or transfer of assets, such as property, cash, and investments, according to relevant laws.
We offer tax consultancy on gifts and inheritance, documentation, valuation, and compliance planning. We facilitate the transfer of wealth at a minimal tax burden and legal issues.
OUR STRENGTH LIES IN PROVIDING REAL WORLD PRACTICAL SOLUTIONS
Our foremost priority is to provide Instant Support and are always very particular on adherence of timely delivery so that you don’t miss out on deadline. We have worked with some most time strict clients and we have never missed our target. Our one thumb rule says that “If we miss a deadline we are out”. Accounts and Finance function need always alert eagle eye approach!
Our prices are most reasonable and under budget that you never realize any cost burden in your organization in comparison of value addition we bring in. We believe in adoption of your business and fee shall take care of itself mantra. We never bill for disappointment and take ownership. It is how we like to be treated and that is how our customers are served.
We at AVS & Associates only recruit experienced, skilled professionals who have proven expertise in their field. With a diverse Team of Chartered Accountants, Company Secretaries, Lawyers, and various other consultants on board, we offer end to end financial and legal service under one roof saving time and energy and bring synergy effect between various functions.
Having over 20+ years experience in the leadership team ensure we maintain highest ethical standards and never go out of trust with you. We always believe in long term relationship with our clients hence integrity is something we value the most. We ensure transparency in communication, service and cost. Our specialized experts helps in maintaining high quality.
The gifts can be taxed depending on the amount, relationship and the tax laws that apply.
Whereas in most instances, it is not the inheritance that is taxed but the income that is attained through inheritance may be taxed.
The gifts that are offered by the named relatives are usually excused.
Yes, there are gifts which have to be disclosed according to the tax laws.