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Indirect tax (VAT or GST)

Indirect tax VATVAT, GST Sales & Use Tax, and other transactional taxes are broadly based taxes on transactions, and liability will arise regardless of profitability. Failing to account for these taxes correctly can have a significant impact on business costs and cash flows. Deloitte specialists work with both businesses and the public sector.

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. Our services include:

Indirect tax consulting 

With rates ranging up to 25 percent in various jurisdictions, VAT/GST, Sales & Use Tax and other indirect tax exposures can grow quickly without a cohesive strategy and a firm understanding of each jurisdiction’s specific indirect tax requirements. Deloitte provides client focused advisory services on local and international indirect tax related matters including planning, rate determination and international consulting such as foreign indirect tax requirements. We take a standardised approach from start to finish. We employ smart tools like web-based questionnaires to help fully control the process. Based on the outcome, we can help determine which indirect tax strategy aspects require attention. In the ever-changing environment, Deloitte professionals can help clients stay current with compliance obligations.

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Business model optimisation for indirect tax 

From the Indirect Tax perspective, Business Model Optimisation (BMO) involves designing and implementing an approach for goods or services that embraces the convergence of technologies while optimising overall tax efficiency and decreasing the levels of strategic risk. The benefits of BMO include:

  • Lower overall tax rate for the business
  • Improved reported earnings (below the line) and cash flow
  • Reduced complexity

BMO projects inevitably touch many aspects of business operations. Deloitte provides integrated services that cover tax, accounting, and business consulting, providing clients with holistic solutions, as a result of considering multiple perspectives.

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International indirect tax compliance & reporting services (compliance and outsourcing) 

Deloitte offers leading edge International Indirect Tax Compliance Outsourcing & Co-Sourcing services. We have established several Indirect Tax Compliance Centers to help ensure consistent and highly efficient processing of returns. Deloitte can assume partial or full responsibility for Indirect Tax compliance obligations across multiple jurisdictions. With our ability to deliver worldwide proven experience and innovative application of technology, Deloitte offers a full spectrum of highly efficient Compliance Outsourcing and Co-sourcing solutions. So whether you need to file only one or over 1,000 returns, Deloitte can help you.

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Transactional consulting for indirect tax 

Transactions are often not part of the day-to-day operations of the finance department or in-house Indirect Tax experts. To fill this knowledge and experience gap, Deloitte provides transactional advisory services delivered by professionals who specialise in Indirect Tax and are immersed in it every day. Deloitte professionals follow a holistic approach by working with Deloitte transactional specialists in financial advisory, consulting, and other tax specialisations to help ensure the indirect tax advice delivered is within the context of the transaction as a whole. We track possible transaction tax or duty risks while helping clients maximise tax deductions for, and tax recovery on, transaction costs. Deloitte’s diligence helps ensure that after a deal has been closed, the post merger integration occurs in a tax optimised way.

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Contacts

  • Christian Deglas
    Partner - Tax - Indirect Tax - VAT
  • Raphaël Glohr
    Partner - Tax - Indirect Tax - VAT

Related links

  • EU: 2015 Place of Supply Changes
    Overview of the changes to the VAT rules for telecommunications, broadcasting and electronic services at EU and Member State level
  • Input
    Guide to VAT related issues

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  • ECJ Case : C–464/12 – ATP PensionServices A/S - 28/01/2014
    On 13 March 2014, the Court of Justice of the European Union (“CJEU”) published its judgment in the case C – 464/12 ATP PensionServices A/S.
  • ECJ Case C-464/12 ATP PensionServices A/S - 28/01/2014
    Increase of the standard VAT rate in Luxembourg - ECJ Case C-464/12 ATP PensionServices A/S - Summary of joined ECJ cases C 249/12 and C-250/12
  • Circular no. 723 ter VAT and risk management services for investment funds - 15/11/2013
    The Luxembourg VAT Authorities issued on 7 November 2013 Circular no. 723 ter regarding the application of the VAT exemption for risk management services for investment funds.
  • Private use of company cars – update of the German VAT Law - 05/11/2013
    As of 30 June 2013, the German VAT Law has been amended with regard to the place of taxation rules relating to long-term lease of means of transport.
  • Law of 30 July 2013: Modernisation of accounting Law and reform of the CNC - 28/10/2013
    The Law of July 30, 2013 which also reforms the Commission des Normes Comptables, was published in the Mémorial, Luxembourg’s official journal on 2 October 2013.

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