Compliance and reporting services
For both domestic businesses and multi-national companies, compliance with an increasing number of tax rules, more rigorous and co-ordinated enforcement by tax authorities and ongoing staffing constraints continue to be a challenge. As businesses expand operations into new markets the complexity of managing tax risks and complying with reporting requirements multiplies. Deloitte offers efficient, cost-effective tax compliance services, including co-sourcing and outsourcing options. A suite of integrated tax technologies can help companies achieve their goal of high quality, lower-cost compliance. In addition, some technologies have the potential to give businesses enhanced visibility into more global information that may be useful to them in strategic decision making.
Financial accounting for income taxes
Financial accounting and reporting for income taxes have become increasingly complex. Tax departments must keep up with the latest regulatory developments and guidance related to income tax accounting, disclosures and documentation, as well as seeking ways to address their tax provision process and technology needs more reliably and efficiently. Deloitte tax professionals understand the complexities and can provide practical insight, standardisation and technical expertise to help clients navigate through the maze.
Tax controversy services
Current trends suggest that multinational organisations will continue to spend more time and resources managing tax controversies in both their local and foreign markets. Tax authorities are sharing information about companies and focusing increasingly not just on the technical merit of a tax position but also on implementation. Deloitte's tax controversy teams include former tax authority officials, alternative dispute resolution specialists and in many countries, tax litigation specialists who can assist multinational businesses at all phases of the tax controversy cycle.
Foreign Account Tax Compliance Act (FATCA)
Virtually all foreign financial intermediaries and withholding agents that own or hold investments in an increasing number of countries are subject to information reporting and disclosure requirements of Foreign Account Tax Compliance Acts (FATCA) legislation. This type of legislation impacts organisations' tax functions, technology systems, operations and business strategy. As a leading advisor in both tax and technology, Deloitte professionals are well positioned to help companies assess and address implications related to compliance with FATCA legislation. Deloitte's services include analysis and remediation of existing systems, design and implementation of enterprise-wide systems and practical procedures needed to identify and report required information to local tax authorities.
Deloitte's International tax professionals offer services that help multinational companies align their tax strategies to their business, through a wide variety of compliance and advisory services.
Professionals in our international tax practices provide a comprehensive range of inbound and outbound tax services, including:
- Compliance and reporting services
- International Strategic Tax Review (ISTR)
- International mergers and acquisitions
- Business Model Optimization (BMO)
- International Expansion Services (IES)