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International
Tax Services Today business is global. For businesses to grow and compete they need to develop internationally. Tax and Revenue authorities around the world are getting more sophisticated; they share information both on taxpayers and in developing tax laws. Companies with international plans and operations need to be fully informed. They need tax professionals who can provide a combination of local attention and global capabilities. HLB International, through its international network of independent professional member firms, can provide you with the necessary proactive advice and support. HLB member firms international tax service teams can work together to plan for and provide a wide range of opportunities for both inbound and outbound businesses and corporations. They also offer services to those executives whose careers take them around the world and for individuals who wish to migrate to another tax jurisdiction. International Tax Planning takes many forms, including the following: Tax Return Compliance - The approach includes running a "tax check up" on the business. The check up involves reviewing the previous years' tax returns with management and is aimed at identifying areas for potential tax savings. This risk management will include looking at the overall tax cost to a company of doing business overseas. Tax Treaty Interpretation - Many international tax questions require careful analysis of multiple tax treaties. Only professionals well-versed in reading and interpreting tax treaties can provide tax optimization strategies. Countries are now renegotiating treaties more regularly bringing in additional anti avoidance provisions and the potential to connect tax across borders. Transfer Pricing Issues - Transfer pricing is not only a compliance requirement, but proper multinational planning can save world-wide taxes Most major trading nations have complex documentation requirements and penalties for non-compliance. Export Tax Incentive - Knowing about and understanding export tax incentives can make exporting even more profitable. Corporate Reorganisation: Holding, Royalty and Financing Structures - Without proper corporate tax structuring, companies doing business and having subsidiaries in foreign jurisdictions may be structured inefficiently, thereby giving rise to a significant increase in their overall tax burden. Member firms can review existing structures and propose positive changes. Services through HLB International member firms Business Advisory Services include the following: -International structure review -Holding company structures -Structuring Mergers & Acquisitions -Cross-Border Licensing -Use of Offshore Financing -Repatriation of International Assets -Transfer pricing Services for Individuals include the following: -Expatriate Taxation -Tax Equalisation Plans -Individual Tax Planning and Compliance -Investment Holding Structures -Estate and Gift Tax Treaty Analysis and Planning -Immigration and Emigration Planning -Trust Structures -Tax-Efficient Investment Planning -Tax-Efficient cross-border property investment Approach The approach to working with member firm clients is to: -Be your business partner on tax matters -Establish relationships -Involve senior personnel - with "partner led" services -Employ qualified and experienced specialists -Apply the latest technology -Work with specialist alliance partners where appropriate -Provide a complete service, or working in partnership with clients' personnel -Seek to provide cost/benefits to the business but minimize global tax exposures and risks Clients Member firms have a wide range of clients, covering: -Multi-national commercial and industrial groups -Small and medium sized entrepreneurial businesses -Private individuals with significant wealth and cross border Issues -Local and national government departments -International and regional funding agencies, such as the World Bank and European Commission Every multi-national company must constantly re-evaluate its tax structure and exposure. Compliance is at minimum an annual undertaking, and laws in every country are changing rapidly. Member firms understand clients' needs and aspirations and our approach focuses on helping you meet these challenges. HLB International Formed in 1969, HLB International is a world-wide network of independent professional accounting firms and business advisers. The network comprises member firms in over 100 countries who, collectively, have more than 1,750 partners and 13,400 staff in over 440 offices. |
