Jimit Shah

About Jimit Shah

An accomplished tax professional with an illustrious career spanning over two decades, including four years in an in-house role. My expertise lies in providing strategic counsel on intricate tax and regulatory matters, overseeing tax compliance, and navigating complex litigation.Industry Expertise: I bring wealth of experience across diverse industries, including Consumer, Life Sciences & Healthcare, Technology, and Financial Services.Specialization Spectrum: My specialized focus encompasses international tax advisory, cross-border transaction advisory, inbound and outbound structuring, litigation strategy design, group reorganization, India DST advisory, and fund set-up and investment / divestment advisory, coupled with effective tax rate management.Clientele: My distinguished client portfolio includes Fortune 500 companies, featuring technology unicorns, demonstrating my ability to deliver tailored solutions to industry leaders.Versatility in Tax Practice: I am a versatile tax professional adept at handling all facets of tax practice, including Advisory, Planning and Research, Mergers & Acquisitions, Compliance & Reporting, Controversy and Litigation, and Advocacy.Leadership Excellence: Currently, I lead and mentor a dynamic team of passionate and ambitious tax professionals, ranging from interns to seasoned accountants and lawyers.Key Projects:Advised a major global satellite operator on restructuring its operations in India in response to the revised regulatory framework.Evaluated the applicability of the Indian version of the digital tax, Equalisation Levy, to diverse businesses - online marketplaces, gaming, travel technology platforms, and telecom & satellite operators.Successfully managed tax litigation for large multinational organizations in telecom, satellite transmission, hospitality, and healthcare sectors, dealing with multiple matters and complex issues spread across country, pending before various forums up to Supreme Court.Led a global engagement for a foreign financial services institution, overseeing and optimizing effective tax rate. Provided counsel to a global private equity firm regarding the structuring of carry and co-investment arrangements in India, considering the updated regulatory framework. Advised global technology transportation organization engaged in ride-hailing services on tax and regulatory aspects concerning its operations. Guided global travel technology company in establishing its operations in India.Advised global marketplace offering lodging and tourism experiences on India operations.

Experience

1. Partner

   Deloitte

   Apr 2021 — Present · Mumbai, IN

Education

• Indian Institute of Management Ahmedabad

  Executive leadership development, Organizational Leadership

• The Institute of Chartered Accountants of India

  Chartered Accountant, Accounting

• Indian School of Business

  Management Development Programme

• HR College

  BCOM, Commerce

  1999 — 2004

Skills

• Mergers
• Due Diligence
• 6 Years of Post Qualification Experience in Tax and Regulatory Advisory
• Transfer Pricing
• Tax
• International Tax
• Financial Structuring
• Restructuring