PwC can help you manage your global tax compliance issues, risks and opportunities, allowing you to have firm control. We have a strong international network of tax compliance professionals, providing a consistently high quality service, coordinated across as many territories as you require.
Our services include:
Corporate tax compliance
You need to be confident that all returns are properly prepared and submitted to the regulatory authorities on time.
PwC’s global network of tax experts offers you support and advice as necessary. Our local compliance teams are well versed in the latest tax law and practice. Through the efficient use of technology, you can coordinate your tax compliance requirements on a multi-territory basis.
We aim to improve connectivity and information management for head office reporting and as a basis for tax planning, providing you with assurance that your tax compliance processes around the world are under control.
PwC delivers thoroughly managed tax compliance services which may encompass:
- An agreed compliance timetable>
- Efficient data collection
- Fast, reliable and accurate preparation of tax returns
- Tax strategy and planning
- Preparation of estimated tax payments
Indirect tax compliance
The impact of inaccuracies in indirect tax submissions can be time consuming and expensive. PwC’s indirect tax compliance specialists can prepare your VAT, GST and other local indirect tax returns. This team constantly monitors and analyses the implications of new and changing legislation and our specialists will help you use the different local indirect tax conditions effectively when preparing your returns, reducing your costs and giving you a competitive advantage.
For VAT compliance, PwC has a pan-European VAT Compliance Centre based in the UK. The centre prepares VAT returns and other indirect tax filings for Europe and beyond, supported by local country VAT specialists.
Our indirect tax compliance services incorporate:
- Multi-territorial and local territory indirect tax return compliance
- VAT / GST return preparation including our Automated VAT Return (AVR) approach
- VAT / GST return review
- Preparation of other local country indirect tax returns (including Intrastat for EU countries)
- Assistance with tax authority audits
- Tax representation services (where appropriate)
Tax accounting
As a result of the increasingly challenging financial reporting environment, which has been caused by complex accounting standards and the demand for greater transparency, it is proving ever more difficult to prepare complete and accurate tax accounting calculations in accordance with the requirements and expectations of the regulators and financial markets. Our dedicated international network of tax accounting professionals offers a comprehensive approach to help you address these pressures and gain comfort that your tax reporting obligations have been met.
Available tax accounting services include:
- Tax provisioning and reporting: Assistance in the preparation or review of IFRS, USGAAP, and local GAAP tax accounting obligations
- Tax accounting consulting: Technical tax accounting knowledge applied to transactions, FIN 48 analysis, other business issues and forensic reviews
- Tax accounting technology: Assistance in the selection, implementation and use of tax accounting systems
- Audit of tax: Participation in the review of tax accounting positions as part of a statutory audit by PwC
Accounting services
Most large multinational companies will be either streamlining or centralising their finance function, expanding into new territories or coping with change following on from a merger, acquisition, disposal or similar corporate transaction, all of which are likely to result in a need for accounting support.
You can outsource to PwC any non-core accounting activities such as transaction processing and basic reporting, freeing up the time of your in-house finance and accounting resource to focus on higher added value activities.
We can offer you a global solution, joined up across as many countries as required. This avoids you having to manage multiple service providers around the world. Our approach is flexible: we can structure the outsourcing arrangement according to your needs, for example, depending on whether your finance function is centralised or decentralised.
In this way, you can retain control over accounting compliance work and have access to skilled accounting resource with local expertise, who are familiar with local accounting compliance requirements and keep abreast of any changes in local regulations.
Our accounting services include:
- Bookkeeping and monthly reporting, including the drafting, auditing and filing of local statutory financial statements
- Where there is a temporary need for additional resource, we can provide access to skilled accounting resource on assignment to work within your finance function
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