We have established a specialist sector-specific team, which has a thorough knowledge of the transportation and logistics sector (“TSL”), as well as the tax issues faced by organizations operating in this sector. Our knowledge in this regard is supported by practical experience gained through many projects undertaken for the Clients from these sectors.
The projects in question related, among others, to the following issues:
- establishing tax optimal structures of business activities, bearing in mind e.g. the specificity of business relations between the main forwarder and subcontractors/carriers;
- identification of tax effective restructuring options of transportation & logistics companies (including, in particular, mergers and acquisitions transactions);
- analysis of the VAT implications of various business activities specific for the sector, including the VAT taxation of international transport, and documentation requirements concerning intra-community as well as international transactions;
- analysis of tax consequences resulting from indemnification liabilities and identification of the tax optimization areas;
- assisting our Clients in establishing tax effective schemes of depreciation, valuation and classification of high valued fixed assets;
- tax planning in the field of the most tax efficient structures of leasing and other options of financing fixed assets’ acquisition (trucks or other assets);
- tax optimization of marketing expenditures incurred within the scope of undertaken business activities;
- identification of the tax consequences of various types of royalty payments remitted to foreign entities (for example for using of trade marks or know-how);
- transfer pricing aspects of transactions concluded with related parties and preparation of transfer pricing documentations;
- international trade and customs issues;
- representing our Clients in litigation before the tax authorities and in the administrative courts.
Apart from the above topics, our assistance to transportation & logistics companies includes also on-going tax advisory services resulting from their business activities.
