Tax & Legal
Tax & Legal delivered strong results in 2017/18 with an increase in revenue of 6% – a result of great activity in the market, new wins and a number of macroeconomic events boosting demand for tax advisory services.
Our clients are facing unprecedented levels of uncertainty and regulatory change along with new technologies disrupting their business environment. In addition, clients are concerned with the implications of Brexit and the escalating U.S. trade tariffs. In Tax & Legal, we guide clients through uncertainty by combining tax advisory services with pioneering technology.
Over the past year, we have further strengthened our global processes and workflows with new digital tools. For instance, myInsight – a Tax & Legal digital platform – is reinventing the way we work globally with our clients and people. It is a secure platform providing clients and the client team with integrated access to applications, task management and real-time insights and status updates. myInsight has helped us build stronger relationships with clients and colleagues around the world, and given us a competitive edge by having more components of our service delivery model digitally connected and consistently delivered across member firms.
Our investments in innovation and digitalization did not go unnoticed: In 2017/18, Deloitte Denmark was awarded Tax Firm of the Year 2018 and National Transfer Pricing Firm of the Year at the 2018 ITR European Tax Awards. We appreciate the recognition, which indicates that the market views us as a leading tax and legal advisor.
In the past year, we have also welcomed many new people. We acknowledge that talent attraction and retention is key to our continued success. Attracting talents with the right combination of technical, legal and management skills can be particularly challenging, which is why we now take a different approach to talent attraction. We offer students opportunities to put their knowledge into practical use by writing their thesis with us while working on tax and legal projects at Deloitte. In addition to a salary, they also gain access to information and guidance, and will hopefully proceed with their career in Deloitte upon graduation, if the match is right.