Any business buying, selling, investing or employing staff in one or more countries is confronted with indirect taxes. Globally, governments are increasingly imposing indirect taxes: sales taxes, general services tax, business tax, VAT, customs duties, energy taxes, environmental taxes, excises etc. New regulatory challenges arise further to Sarbanes-Oxley and similar rules in other jurisdictions. Unless you manage indirect taxes, your profitability will decrease whilst working capital requirements (cash flow) and risks increase.
If you need:
- Information on rules, rates and jurisprudence (European Court of Justice or national courts)
- An indirect tax strategy that manages the impact of these taxes on your financials, risk portfolio and organisation
- Support when expanding globally, (re)structuring, listing on capital markets, M&A
- To set up, automate and digitise your indirect tax compliance
- Support with indirect tax inspections and litigation
- To monitor policy developments (eg. OECD, EU, WTO, WCO, GATT and national governments)
- To define responsibilities, key performance indicators and reporting lines for indirect taxes
- To network with peers in your industry
The PricewaterhouseCoopers advantage
We have an extensive global network of indirect tax professionals, with 1700 VAT/GST, customs and other indirect tax professionals in 118 countries worldwide, and have strong relationships with tax authorities and policy makers.
We take a multi-disciplinary approach to indirect taxes, integrating with our specialist industry networks. We have dedicated teams to co-ordinate our global client service and commit to execution within agreed timeframes. We use technology to deliver and connect with our customers. Our global indirect tax services include:
- Up to date information, publications and books via GlobalVATOnline
- Advice on strategy, structuring and planning to mitigate indirect tax costs / risks
- Advice on compliance and reporting including outsourcing of compliance
- Advice on automation and digitisation using tax engines, ERP, e-invoicing, e-archiving and e-filing
- Support with internal controls, Sarbanes-Oxley Section 404 reviews and indirect tax risk management
- Assistance with negotiations with tax authorities, obtaining rulings and litigation
- Conferences, training and access to the European indirect tax group (EiTG)