Tax services
English | Français
Challenges
The tax framework in which the PSF industry operates is subject to rapid changes with a number of different challenges. National governments or supranational organisations impose increasing obligations in respect of operational taxes and tax reporting. Challenges from national governments and international institutions to structures located in low tax jurisdictions and aggressive tax planning or pricing structures have increased.
In order to face these industry challenges, direct tax services, VAT services and PSF tax services are .
Deloitte services offering
Deloitte provides companies with a broad range of services to respond to a fast and ever-changing environment:
Direct tax services
- Corporate tax optimisation
- Analysis and review of structured transactions
- Assistance in reviewing and confirming tax treatments with Luxembourg tax authorities
- Health check of corporate tax position
- PSF M&A assistance
- Tax consolidation filing assistance
- Operational tax assistance
- EUSD: implementation assistance, health checks, assistance in tax audit, trainings and tax alerts
- Qualified intermediary / FATCA assistance
- Procedure relating to evolutions on exchange of information in the tax field upon request
- Back office tax assistance through trainings and process review
- Direct tax compliance
- Preparation/review of corporate income tax and net worth tax returns
- Preparation/review of withholding tax returns
- Direct tax diagnostic reviews and due diligence assistance
- Dedicated direct tax trainings for the PSF and tax hotlines
VAT services
- VAT matrix (VAT treatment of the usual transactions performed by a PSF)
- VAT engine (design automated reporting processes)
- VAT health checks
- VAT optimisation
- VAT review of the input VAT deduction methodology
- VAT opportunity to set-up an IGP (Independent Group of Persons)
- VAT optimisation for restructuring
- VAT Compliance
- Prepare / review returns (periodic / annual VAT returns, EC sales lists of goods / services)
- Implement e-filing procedures
- Dedicated VAT training
- VAT hotline
- Dedicated on-site VAT assistance (short-term – long-term secondment)
- VAT opinions and review of agreements from a VAT perspective
Tax services specific to PSF integrations and restructurings
- Direct Tax and VAT diagnostic review and due diligence processes
- Assistance in reviewing and confirming tax treatments with Luxembourg tax authorities
- Post integration corporate tax and VAT optimisation
- Tax consolidation filing assistance
- Review and advice on transfer pricing tax considerations
- Corporate compliance assistance
- Tax cash flows optimisation
Tax aspects of IFRS and other regulatory evolutions
- Diagnostic and review of tax implications linked to IFRS
- Assistance in reviewing and confirming tax treatments with Luxembourg tax authorities
- Tax treatment confirmation assistance with Luxembourg tax authorities
- Training assistance to PSF accounting departments
- Tax reconciliations assistance
Operational tax efficiency for onshore tax offering
- EU Savings Directive
- Advice on implementation of the updated Directive
- Hotline assistance on application of EU Savings Directive
- Trainings on EU Savings Directive matters
- Health checks
- Tax alerts and newsletters
- FATCA services
- Stakeholder management
- Implementation and training assistance
- Advisory services
- Dialogue with the IRS
- Post-implementation assistance, including health check/agreed upon procedure
- Continuous communications - tax alerts/newsletters
Private wealth management services
- Providing assistance and one-stop shop solutions to PSF
- Tax matrix
- Country taxation guide
- Tax reporting
- Training for estate planners
- Specific products development (art fund, shariah compliant vehicles…)
- Designing family office
- Collaborating with PSF in order to develop tailor-made solutions for their private clients
- Relocation packaging (tax and civil analysis and administrative support)
- Tax planning for a sale / transfer of business and operating company
- Structuring business investments
- Multigenerational wealth planning
- Wealth structuring and asset protection schemes
- Choice of appropriate investment vehicles
- Real estate and properties investments
- Philanthropy (tax planning and operating advice)
Material on this website is © 2013 Deloitte Global Services Limited, or a member firm of Deloitte Touche Tohmatsu Limited, or one of their affiliates. See Legal for copyright and other legal information.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.