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Fair tax practices – a competitive advantage

Tax & Legal has delivered strong growth. This year, our revenue increased by 11 per cent - a result attributable to our team’s high integrity, responsiveness and proactivity. We are, therefore, proud to have been awarded ‘Tax Firm of the Year’ at the 2019 ITR European Tax Awards, for the second consecutive year1

The global tax market continues to be volatile as a consequence of Brexit, trade wars and changing stakeholder expectations. As businesses become subject to more diverse global regulation, we are experiencing an increased demand for services within compliance and global tax advisory.

“By having a flexible environment and very supportive colleagues, I have created my own work schedule that balances my family life and my working life.”

Sara Nattestad, Manager

Deloitte’s global network is fundamental to enabling clients to meet these changing needs. Our global reach and knowledge-sharing empower us to deliver the services needed in a global economy. As the need for global deliverables has increased, the willingness to outsource tax management has equally increased.

Our Tax Management Consulting team bridges the client’s finance and tax function and with the regulatory requirements. Through process optimisation, technology deployment and by rethinking the tax department, we help clients achieve a transparent and efficient tax function, which enable them to be compliant and meet stakeholders’ rising demands.

Increased focus from society and clients

Tax plays a key role in mobilising and securing resources in society. Cases of tax fraud and aggressive tax planning have led to an increased political focus. Doing the right thing is important for our clients. Tax is no longer merely considered to be a cost. Clients are increasingly aware of society’s expectations and tax’ influence on their business model. International clients in particular are discussing the strategic role of tax in relation to their business purpose. This is a dialogue that we facilitate to find the best solution for both business and society.

“Clients and talents expect us to be purpose driven and to make a positive impact on our society. When we help our clients to comply with regulations and contribute through fair tax practices, we are all fulfilling our purpose.”

Niels Josephsen, Head of Tax & Legal

During the past year, we have further intensified our focus on tax advisory services. We now supply technical tax knowledge in the role as our clients’ trusted tax adviser, and digitalisation is an important vehicle in this. Through new technologies, we enable clients to handle tax through innovative and cost-effective solutions.

Tax & Legal consists of 267 tax professionals. With flexibility, openness, good relations and tailored initiatives, we have continuously succeeded in attracting and retaining ambitious people, who seek a good work-life balance.

1 The statutory statement of social responsibility, cf. the Danish Financial Statements Act §99a

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