The tax environment is subject to constant transformation and dynamic development.
Enterprises are often experiencing difficulties in keeping pace with these rapid developments. As a result, there is little comfort that important tax matters are properly addressed.
PwC has developed a tax assessment and solution service, aiming at minimising the tax burden, through the identification of material tax risks, evaluation of domestic and international tax attributes and tax planning opportunities.
We will evaluate the company’s tax profile by performing an analysis of the company’s:
- Tax incentive opportunities
- Group restructuring opportunities
- Financing policy, to evaluate sources and uses of funds.
Tax optimisation is expected to yield the following benefits:
- Enhancement of the company’s tax profile, by taking advantage of the opportunities provided by tax incentive legislation and/or any tax savings or deferrals arising thereby.
- Increased cash flow through improvement of the tax structuring associated with certain key financing decisions.
- Reduced effective tax rate by taking into account any tax inefficiencies whereby remedial action will be undertaken.
- Improvement of the company’s tax "health", by primarily reducing the risk of additional taxes and penalties being assessed in the course of a future tax audit.
