As part of our Tax Consulting, PricewaterhouseCoopers offers a broad scope of specialised, tax-related services corresponding to various levels of support. Particularly in the field of indirect taxation, we possess durable experience due to our strategically favourable position in Luxembourg.
This is your situation:
- You need to guarantee that your projects fully comply to VAT requirements
- You do not require regular assistance, however you have to ask your daily questions flexibly, being assured of quick response
- You need to concentrate exclusively on your core business and you require a strong partner to manage your VAT concerns
- You need to assure that VAT payments have been executed properly and most efficient
- You are not entitled to full recovery of the input VAT and you need to maximise your entitlement to refund
- You want to minimise the cash prefinancing cost associated with VAT or customs payments
- You are an Investment Management company and you require optimal VAT structures for your funds
- You are facing a merger, acquisition or other restructuring and you need to assure a most efficient subsequent VAT structure
- You require optimisation of your Supply Chain to realise VAT advantages
- You need an ERP system that is VAT compliant and efficient
- You are entering into new markets or sourcing from low cost countries and you are thus exposed to VAT and customs liabilities in these countries, you may incur non recoverable VAT and other indirect taxes
- You need to be up-to-date with the latest developments in indirect taxation
- You require an experienced partner to establish and manage contacts with VAT and Customs authorities
How PricewaterhouseCoopers can help you:
We provide a wide range of VAT services, starting with pure information supply to the point of in-depth investigation of the VAT-affected processes. We grant case-related assistance in our client's daily requirements and share our intensive knowledge of indirect taxation with them.
Our VAT Consulting comprises the following services:
- Advisory
We advise our clients on any indirect tax issue they may face. We assist them in answering questions on a regular basis but also in implementing projects on a larger scale. We ensure that any new activity or transaction is in line with VAT requirements, notably by reviewing contracts, and suggest any adequate planning opportunity.
- VAT Helpline
We offer our clients the possibility to subscribe to our "VAT Helpline", which allows them to quickly obtain answers to their day-to-day questions.
- VAT compliance
The PricewaterhouseCoopers outsourcing proposition allows our clients to rely on us to deal with their VAT obligations and manage the risk of non-compliance, allowing us to cut back on support function costs, focus on core competencies and centralise accounting systems.
- VAT recovery
PricewaterhouseCoopers has a tried and tested approach, which can help identify both VAT that has been paid in error and VAT which has not been correctly recovered.
- VAT recovery in the financial sector
We have proven expertise to achieve the best possible approach to VAT recovery, thereby maximising savings and reducing costs.
- VAT and Investment Managment
Our experience to identify potential VAT costs in IM and financial structures and achieve VAT-efficient fee structuring is a valuable asset for our clients in the financial sector.
- M & A
VAT-efficient structuring and "due diligence" VAT review are performed by our team to enable an optimisation of the cost of acquisition or disposal and an implementation of an optimal post transaction VAT structure.
- Supply Chain Management
For operational companies, VAT and other indirect taxes can account for up to 20% of many companies' cash flows. By addressing key issues, such as VAT liability and invoicing, we help many of our international clients develop "VAT advantaged" business models in the framework of their Supply Chain organisation.
- "VAT advantaged" ERP system
Our dedicated team of ERP experts assists in the analysis, design and configuration phases, so that our clients have a totally efficient VAT system through automated VAT compliance, streamlined integrated reporting and audit trails.
- Regulatory update
Our Knowledge Centre is able to provide our clients with updated legislation concerning all indirect tax matters.
- Contacts with authorities
We can approach the VAT and Customs authorities on behalf of our clients and provide opinions or confirmations on the indirect tax treatment of specific transactions.
