Tax by Industry: Consumer Products
Consumer products executives today are challenged to develop new products and rationalize their brands while reducing costs and making their increasingly global supply chains more efficient. All these business imperatives carry vital tax implications.
Staying competitive demands that you take full advantage of research and development credits, but identifying qualified innovation-related expenditures takes specialized experience. Mergers, acquisitions and dispositions involve complex transaction cost reporting and issues related to pre- and post-merger tax integration. Increasing globalization means that transfer pricing, customs and excise tax management will grow ever more important.
You need a team that understands the value of tax to business process optimization and knows how to integrate tax with overall business solutions. With a multifaceted team of consumer business industry specialists, Deloitte Tax LLP can help.