Taxation Advisory

For smooth business operations, organisations need to understand the impact of developments in tax regulations and compliances. The way tax authorities function today and the information required for undertaking various tax compliances has changed tremendously.

With the team of experts concerning tax planning, compliance and advisory, we provide a wide range of solutions for:

• Tax Planning
• Tax Housekeeping
• Tax Health Check-up
• HNI Tax Management
• Taxation of Trust
• Registration & Compliance Management
• Withholding Tax Advisory & Compliance Support
• DTC, GAAR, THIN CAP & CFC Advice

Types of Tax Advisory Services include:

• Guidance on federal, state, and individual income tax returns
• Advice on federal and state corporate tax returns
• Understanding the tax consequences of acquiring or divesting business assets
• Restructuring or reorganizing corporations and partnerships
• Estate planning, including preparation of wills and trusts
• Federal, State, and local individual and/or Corporate Tax planning
• Understanding the tax implications of Real Estate transactions
• Personal financial planning
• Income tax planning for executives, including employee compensation and benefit plans
• Investment planning
• Understanding the tax implications of Gift and Charitable contributions
• Understanding the tax impact of income and deductions, contributions, major purchases and investments
• Tax insight into college saving programs
• Retirement planning programs
• Representing clients in tax negotiations and disputes with the IRS
• Representing clients in IRS, State, or local audits
• Property tax assessments
• Succession planning
• Tax advice to executors and trustees
• Tax credit reviews to determine maximum allowable credits (e.g., Research and Development credits)

What does a tax advisor do?

A tax advisor helps clients minimize tax risk and optimize their financial decisions to reduce overall taxes paid. With a deep understanding of ever-changing tax legislation, a tax advisor ensures their clients remain compliant with state and federal tax regulations, even if they have complex financial circumstances.

Think of a tax advisor as your guide on a complicated tax journey. They can search for tax deductions and credits, reduce your taxable income, or increase your tax refund. With an expert tax navigator at the helm, both individuals and businesses can successfully achieve their financial goals with less tax exposure.

Corporate Income Tax

• Tax structuring is a key element of corporate business strategy when trying to achieve full tax compliance and reduce risks.
• Our consultants provide client-specific tax services, such as:
• Consulting on corporate tax issues
• Effective and tax-efficient strategies for optimal tax management
• Tax Diagnostic Review in cases of tax audits
• Support and guidance during tax audits
• Effective and tax-efficient planning for investments
• Evaluation and optimization of the final effective tax rate
• Advice and support in understanding and implementing Government regulations

Indirect Taxes

Indirect taxes (sales taxes, customs duties, VAT, etc.) are constantly changing because of fiscal policy and EU resolutions, while tax audits are all the more frequent.

Managing indirect taxes becomes more complicated as their relative effect is not easily discernible, though it directly influences a company’s liquidity.

The Startup Trends Advisory provides guidance and tools for their proper management, including:

• 1.Identifying potential risks and opportunities through VAT diagnostic reviews
• Information on relevant legislation as well as on developments in EU strategy
• Assistance in strategic planning with respect to indirect taxes so as to manage their impact on the company’s financial results, risk portfolio and organization
• Support during tax audits or other tax proceedings
• Advising on strategy and planning aiming to reduce the risks and costs from indirect taxes
• Advising on internal procedures and indirect tax-related risk management
• Assistance during discussions with the tax authorities and preparation of individual enquiries as per the Ministry’s requirements

Tax Compliance

Constant changes in tax legislation and regulations make well-informed tax compliance extremely difficult. We provide effective structuring and the best solutions regarding your tax compliance obligations, with a wide spectrum of services including but not limited to the following:

• Regular audits and management reviews
• Tax coordination of overseas activities
• Corporate income tax compliance
• Indirect tax compliance
• Tax consulting and support
• Continuous improvement of procedures, leveraging our continued investment in technology and data collection and processing
• Support during the client’s year-end tax audit and tax disputes with the tax authorities
• Instant access to current and reliable information

International Tax Structuring

The reduction of the global tax rate applicable to businesses operating at an international scale is crucial to their success. Companies should approach their tax planning using criteria that go beyond the domestic tax laws of individual countries. From establishing subsidiaries and branches to structuring for the repatriation of profits, our tax experts will help you optimize an impending tax charge and keep you informed on tax developments that affect your business.

Our services for international tax structuring include:

• Effective and tax-efficient strategies for domestic and international investments, pre and post any structured transaction
• Updates concerning international tax developments with regard to DTTs and the BEPS initiative which may impact your business
• Tax structuring for domestic and international transactions
• Management of tax claims and liabilities
• Advice on tax matters such as tax harmonization across the EU

Mergers and Acquisitions

Over the past twenty years, mergers and acquisitions have become the most common methods of company growth. A company may merge with a rival, a customer or a supplier, or with a differently oriented company in order to diversify its services and products; or it may proceed to a friendly or hostile takeover.

Our professionals provide, inter alia:

• Tax evaluation and consulting on how to manage tax risks associated with acquisitions and mergers
• Advice on the proper structuring of transactions in order to improve net cash flows
• Atax assessment of the company before the acquisition or sale (due diligence)
• Effective tax structuring of transactions
• Support for improved tax solutions after the agreement

Self-Assessment

Many taxpayers struggle to understand their complex tax returns and keep pace with the changing tax legislation. We can ease this stress by offering a comprehensive self-assessment service that ensures your returns are filed on time. We even offer advises on how you can minimise your tax liability.