Deloitte delivers deep knowledge of tax and statutory requirements as well as a breadth of experience applying them in practice worldwide. Practical tax advice combined with our consistent tax compliance framework instils confidence that a consistent approach is followed across jurisdictions. We help simplify tax management and oversight while providing global visibility for making informed strategic decisions ― all with the ease of working with a global provider.
- Compliance and reporting services
- Advisory and consulting services
- Financial accounting for income taxes
- Tax controversy management
- Post-merger integration services
Compliance and reporting services
For both domestic businesses and multi-national companies, compliance with an increasing number of tax rules, more rigorous and coordinated 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.
Advisory and consulting services
One of the biggest challenges – and greatest areas of opportunity – for taxpayers is how to effectively manage local and foreign taxes in a way that aligns with overall business objectives and operations. Deloitte advises companies on a broad range of domestic and foreign tax matters, including understanding their global effective tax rate, the tax impacts of business re-structuring and preparing for the impact of new and proposed regulations. Our global teams help companies implement practical strategies to better manage taxes, earnings and cash flows so they can focus on growing their businesses.
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 of statutory requirements.
Tax controversy management
Multinational organisations will continue to spend more time and resources managing tax controversies in both their local and overseas markets. Tax authorities are sharing information about companies and focusing increasingly on implementation failure and motive rather than technical merit. Deloitte’s team includes tax litigation specialists who can assist multinational businesses at all levels of the Tax Controversy Cycle. We developed Tax Controversy Management software to help multinational companies consistently control and manage tax controversies across multiple jurisdictions.
Post-merger integration services
All transactions—whether mergers, acquisitions, joint ventures, equity investments, or divestitures—raise complex issues regarding potential tax risks and provide a need or opportunity to implement practical strategies to improve tax efficiency and certainty. When deals involve companies with global operations, wading through the additional range of foreign considerations is even more daunting. Deloitte can assist in effectively navigating the myriad of tax, accounting, legal, regulatory, cultural, and labour issues that arise in a transaction and help you to realise the anticipated post integration synergies.
Foreign Account Tax Compliance Act (FATCA) compliance and advisory services
Virtually all non-U.S. financial intermediaries and withholding agents that own or hold U.S. investments are subject to the information reporting and disclosure requirements of the Foreign Account Tax Compliance Act (FATCA). This U.S. legislation greatly impacts organisations' tax functions, technology systems, operations, and business strategy. As a recognised leader in both tax and technology, professionals in the Deloitte worldwide network are well qualified to assess and address the implications related to compliance with FATCA. From analysis and remediation of existing systems to design and implementation of enterprise-wide systems and practical procedures needed to identify and report required information to the U.S. Internal Revenue Service, our specialists can assist businesses to understand manage and comply with this developing area of compliance and risk.
Deloitte’s services in this area are underpinned by our FATCA Insight methodology, a set of experience based approaches to developing solutions to a range of FACTA related tax issues and opportunities.