Corporate/Operating Partnership Tax Compliance

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. Deloitte can assist with all aspects of tax compliance in New Zealand including preparing/reviewing and filing tax returns and calculating appropriate provisional tax payments to be made, taking into consideration the latest provisional tax rule changes and the potential benefits of using the tax pooling regime.

Deloitte has expertise and experience in dealing effectively with the New Zealand tax authorities including dealing with amendments required to tax filing positions, responding to questions and managing audits.

Financial accounting for income taxes

Financial accounting and reporting for income taxes has become increasingly complex. Finance and Tax teams 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. Changes in accounting standards and/or tax legislation can give rise to both income tax and tax accounting implications and Deloitte can assist with ensuring these changes are reflected correctly in tax expense, current tax and deferred tax balances for financial reporting purposes.