Business Tax

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.

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, standardization, and technical expertise to help clients navigate through the maze.

Tax controversy services

Current trends suggest that multinational organizations will continue to spend more time and resources managing tax controversies in both their local and foreign markets. Tax authorities are sharing information about companies and focusing increasingly not just on the technical merit of a tax position but also on implementation. Deloitte's tax controversy teams include former tax authority officials, alternative dispute resolution specialists, and in many countries, tax litigation specialists who can assist multinational businesses at all phases of the tax controversy cycle.

Foreign Account Tax Compliance Act (FATCA)

Virtually all foreign financial intermediaries and withholding agents that own or hold investments in an increasing number of countries are subject to information reporting and disclosure requirements of Foreign Account Tax Compliance Acts (FATCA) legislation. This type of legislation impacts organizations' tax functions, technology systems, operations, and business strategy. As a leading advisor in both tax and technology, Deloitte professionals are well positioned to help companies assess and address implications related to compliance with FATCA legislation. Deloitte's services include analysis and remediation of existing systems, design and implementation of enterprise-wide systems, and practical procedures needed to identify and report required information to local tax authorities.

International Strategic Tax Review (ISTR)

As companies expand globally, their global tax and treasury strategies need to become more integrated, flexible and sustainable. Deloitte's International Strategic Tax Review (ISTR) helps companies understand the drivers of their effective tax rate (ETR), assess risks, and better align tax management with future business model developments. Deloitte assists with foreign tax credits, income repatriation, ETR forecasting, risk management, post-merger integration and legal entity rationalization. An ISTR provides a framework for discussion, design and implementation of global tax and treasury strategies. Deloitte's fact-driven, analytical - rather than intuitive - approach helps multinational companies to objectively and methodically chart their tax strategy and manage risk going forward.

International mergers and acquisitions

All transactions-whether mergers, acquisitions, joint ventures, equity investments, or divestitures-raise complex issues regarding potential tax risks and provide opportunities to implement practical strategies to improve tax efficiency and certainty. When deals involve companies with global operations, the range of issue to consider is compounded. Companies need an adviser with deep experience across a wide range of issues in multiple jurisdictions. Deloitte offers support in all aspects of mergers, acquisition or disposition transactions, including due diligence, structuring, modeling, financing, post-merger integration and reporting. Deloitte can assist in effectively navigating the myriad of tax, accounting, regulatory, cultural, and labor issues that arise in a transaction and helps companies to fully realize the anticipated post integration benefits.

Business model optimization (BMO)

In light of today's dynamic global economic environment and the potential for legislative changes, assessing a multinational's global business model may no longer be an optional exercise. Deloitte's Business Model Optimization (BMO) teams provides high quality, customized tax and business model transformation services. We particularly specialize in the areas of global supply chain and intellectual property, seeking to align business objectives with tax minimization. Our goal is to help multinationals integrate their operational and tax planning in a scalable and sustainable way to enable business leaders make more effective decisions on an after-tax basis.

Deloitte delivers business model optimization services using the BMO Insight methodology, a set of experience based approaches to developing solutions to a range of tax issues and opportunities.

International expansion services (IES)

Increasingly, companies looking to grow revenues and increase profitability are expanding sales and operations into new geographies. Starting with a company's strategic objectives, Deloitte helps businesses to quickly navigate new landscapes by advising on a wide variety of start-up activities. Deloitte’s services include location assessments, market trends analysis, and site selection, all the way through to legal structuring, investment constructs, compliance requirements, talent and staffing strategies, and identification and evaluation of indirect, corporate and employment tax considerations. Deloitte offers businesses a coordinated approach through a single point of contact and brings together professionals with specialized skills at the appropriate points in time. This helps organizations be confident that they have access to appropriate skills at an appropriate time, accelerate timelines and to realize the benefits of their expansion efforts.