Financial services tax
The Deloitte global network of member firms offers an array of services specifically designed for financial institutions in the banking, securities, insurance and investment management sectors at both a local and an international level, with a particular focus on improving organisations’ cash flows. Our people, approach and solutions address the challenges of today’s market, maximise opportunities and create competitive advantage for our clients.
Recent market developments have caused the competitive and regulatory landscape to evolve at unprecedented speed. Financial services organisations now have to understand and tackle a more complex matrix of organisational challenges. At Deloitte, we aim to go beyond the minimum requirements, leveraging our efforts to improve decision-making, cost, efficiency and service quality.
Our dedicated tax team, led by Paul Reck, tax partner, strives to present significant opportunities to our clients for improving efficiency, including cash flow management and setting new strategies and practices, ultimately improving performance in these new, challenging times. Our tax services include assistance on:
- Tax efficient financing, including securitisation, leasing, debt factoring and invoice discounting
- Access to the 12.5% corporate tax rate
- Developing tax depreciation strategies, including claims for research and development credits
- Advising on incentives available for intangible assets
- Maximising loss relief for cash tax benefit
- Advising on tax aspects of capital raising, including listings on public markets
- Ensuring withholding taxes are minimised or eliminated on income and expenses
- Providing international tax advice on entry to emerging markets for companies seeking growth
- Advising on transparency for tax planning and financial reporting
- Advising on ethics of tax management in a changed environment
- Mergers & acquisitions
- Holding company regime
- Advising on insurance premium tax, Value Added Tax (VAT) considerations for financial services products, dividend withholding tax, encashment tax and income tax
Please do not hesitate to contact a member of the Tax team with any queries you might have.