Kumarmanglam is an equity partner of the firm and also heads the direct tax and regulatory practice at JSA.
He has more than 25 years of experience in matters relating to direct taxation (including international taxation, transfer pricing, litigation, anti-avoidance laws, and M&A tax), accounting, and corporate laws including mergers and acquisition, joint ventures, foreign investments, market entry strategy, and corporate restructuring.
Coming with a strong background in taxation he has dealt with several high-profile cases involving international tax and corporate tax advisory. He has recently advised a very large US multinational on the demerger of its Information technology business. He has advised a Swiss multinational in implementing an overseas merger resulting in an indirect transfer of the entities in India. He regularly advises clients on strategizing complex tax litigation before the Dispute Resolution Panel as well as the Income Tax Appellate Tribunal level. He is also engaged in representing clients in tax and regulatory advocacy before the government for bringing in changes in fiscal laws.
As part of his M&A experience, Kumarmanglam has worked on several direct and indirect acquisitions and business and asset purchase matters. He recently led an advisory to a US corporation on the acquisition of the business of an Indian manufacturing company across several jurisdictions. He has also assisted a listed media company in a business hive-off matter. He has also worked on several Private Equity and strategic acquisitions and succession planning and family settlements of High-Net-worth Individuals.
Kumarmanglam has extensive experience working on court-approved reorganization matters encompassing strategizing, as well as execution. These include listed as well as unlisted telecom companies, ITES firms, and companies in the manufacturing, services, and Infrastructure sectors.
Kumarmanglam has been involved in providing advisory and representations for securing approvals from the Foreign Investment Promotion Board, Reserve Bank of India, and jurisdictional ministries, particularly in the financial services, media, and technology sectors.
As a part of his Private Client Practice, Kumarmanglam has been involved in several family settlements and succession planning exercises and has extensive experience with advising on charitable and private trusts and setting up of onshore and off-shore family offices and finds and allied tax and regulatory issues.
Before joining JSA, Kumarmanglam worked with Big Four Firms across direct tax and regulatory practices.
Memberships
- Bar Council of Delhi
- Institute of Chartered Accountants of India
Education
- B Com., University of Mumbai
- Chartered Accountant, ICAI
- LLB, CCS University
Languages
- English
- Hindi
