Deloitte Tax Transparency Products and Services

Deloitte offers various services to accompany our clients on the full lifecycle of tax regulatory change projects.

While Deloitte offers the standard presentations, workshops, and technical advisory on the Tax Transparency regimes, we also provide tailored services, products, and presentations in order to fulfill all of our clients’ needs. Deloitte can assist from the implementation phase to business as usual, including external reviews and assisting with remediation efforts.

There are certain steps that businesses should begin planning for now and Deloitte can help.

• Training: Raising awareness within the business is often an initial step and we can support with eLearning modules as well as bespoke training programmes.
• Impact assessment: Identifying accounts, transactions or structures potentially affected by the regimes, considering where reporting responsibility will reside and ensuring that the reportable information is properly recorded.
• Monitoring: Deloitte has developed solutions to monitor regulatory changes and to make the relevant source information accessible to affected financial institutions, intermediaries and taxpayers.
• Technology: Implementing solutions for capturing arrangements in a structured format, ensuring that this data aligns with the anticipated reporting requirements, and planning for a reporting solution that can flex for local filing formats.

• Governance and controls: Integrating the requirements with existing governance and control frameworks, as well as considering the impact for existing regulatory processes.
• Review and remediation: Review of internal processes, procedures, and documentation is good practice, and in some cases required. Remediation may be an action following the review.