Private companies face a range of challenges that affect not only the success of the business enterprise, but also the professional and personal goals of their owners. Whatever the end goal—an IPO, expansion into new markets, succession to a family member, or sale—integrated tax planning is critical. Deloitte helps private companies, their owners, and individuals with substantial assets apart from businesses they directly operate to understand, plan and execute effective business and tax strategies—altering course when needed to respond appropriately to potential tax consequences of new legislation and evolving market conditions. Our services include:
Ongoing legislative and regulatory changes, along with an increased tax authority focus on high-wealth individuals, create a demanding environment for private companies and owners to proactively manage their tax liabilities and risks. Deloitte is experienced in addressing the complex relationships among the private business enterprise, its owners, family offices, and employees of the business enterprise or family office. Deloitte helps private companies and their owners evaluate the potential tax consequences of various business and personal wealth decisions, keeping tax, business and personal objectives in mind. Deloitte can help explore tax-savings opportunities, prepare for changes in the tax and economic climate, and help resolve disputes with tax authorities.
Individuals and families with substantial assets often face difficult decisions associated with protecting and extending their legacy. Deloitte is experienced in addressing the many facets of wealth planning for private company owners and their families. Our professionals assist private business owners in exploring the issues relevant to wealth preservation and the transmission of wealth to future generations. Deloitte’s estate tax planning specialists work closely with the private client’s other professional advisors to address the complex issues involved in estate, gift, inheritance, trust, and charitable planning and to develop and implement an estate plan tailored to their needs.
Increased mobility among high net-worth individuals and families has coincided with the broad expansion of a globally integrated economy—featuring greater cross-border trade and investment—to create an increasingly complex range of global tax issues. Deloitte professionals work closely with clients to address issues of tax residency and domicile and to assess the tax aspects of international investment opportunities. We provide multi-jurisdictional tax and estate planning services, taking into consideration family mobility, wealth planning and preservation goals, the nuances of investing in specific countries and asset types, and the tax consequences to the family’s private business enterprises.
Effective family wealth management encompasses a range of issues related not only to business aims, but also personal and family goals. Wealthy families often consider establishing a family office to manage their many investment, reporting, philanthropic, and financial planning responsibilities. Properly structuring and staffing a family office requires an analysis of tax and governance considerations, as well as a deep understanding of the family’s short and long range business and professional goals and objectives. Deloitte professionals can assist with family office design and set-up, family education and communications, charitable planning and private foundations, and structuring business investments. Our approach addresses both the family office as a business and the private client’s family wealth as an ongoing enterprise.
Deloitte delivers deep knowledge of tax and statutory requirements as well as a breadth of experience applying them in practice worldwide. Practical, innovative tax services combined with our globally-managed tax compliance framework instills confidence that a consistent approach is followed in all jurisdictions.
|Customs and global trade
Our professionals help design strategies and structure global transactions to reduce customs duty payments and other international trade costs, increase duty recoveries and help ensure legal and regulatory requirements are met in a cost-effective manner.
|Indirect tax and accounts payable recovery
Our teams of tax specialists, lawyers, and former government auditors and Workers' Compensation Specialists from a wide range of industries work to help you recover cash to operate your business.
|Indirect tax (GST, HST, PST or VAT)
Deloitte can help with timely planning and the application of technology-based compliance management solutions, thereby helping to reduce costs, reduce risk, and increase the confidence that nothing has been missed.
Deloitte’s international tax professionals help multinational companies reduce taxes on earnings, enhance margins and grow their businesses through a wide variety of compliance and advisory services.
Deloitte Legal professionals bring a strong combination of tax and legal knowledge to provide clients comprehensive guidance across a broad range of critical business issues.
|Mergers and acquisitions
Deloitte can assist your company with effectively navigating the myriad of tax, accounting, legal, regulatory, cultural, and labour issues in cross-border transactions to help manage compliance risks and potentially enhance returns.
|R&D and government incentives
With practitioners who are fluently trilingual in engineering, tax and “CRA”, we have assisted thousands of public and private companies to realize a sizable R&D tax credit.
|Tax management consulting
With tax technical, technology, and consulting experience, Deloitte helps businesses meet the challenges of multijurisdictional tax operations, including compliance, reporting and risk management for direct and indirect taxes.
Our network of professionals is designed to help companies reduce risks by aligning practical transfer pricing solutions with their overall global business operations and objectives, assist with strategic documentation to support their transfer pricing practices, and resolve disputes efficiently.
|U.S. tax services
Our accessible Canadian network of U.S.-trained tax professionals are linked to their U.S. colleagues, creating a powerful team for companies with operations in the United States.