International Tax Services

In a highly globalised world, multinational companies are constantly involved in cross-border projects, from sale of goods or supply of services, to tax structuring projects to achieve a competitive effective tax rate, streamline cash and financing needs, or prepare for an M&A transaction with third parties.

Our outbound and inbound tax experts can help you with managing the direct tax implications derived from these cross-border projects, including:

• Application of international tax rules and double tax treaties as well as staying up to date with international tax changes (e.g., EU ATAD, EU DAC or the OECD MLI) and how they can impact your structure and operations
• Design and implement business-driven and tax efficient structures to achieve a sustainable and competitive global tax position, or invest or divest in different territories (either organically or inorganically), including pre-deal structures
• Post-deal integrations: analyse how to integrate a recently-acquired business or group of companies with your existing organisation, as well as realise valuable deal synergies and increase tax strategies, without losing value and control
• Develop and execute tax strategies and improve tax opportunities, whilst complying with diversified tax regulations and requirements.

Tax legislations and regulations are constantly changing around the world, with new reporting and compliance obligations. Duly responding on time to these changes and new requirements is complex. Sophisticated tax functions today are using data-driven approaches to think ahead and act on robust, trusted data.

With our combination of people, process and technology we deliver tax and data analysis services tailored to meet your specific reporting, compliance and planning needs utilising deep expertise in data, technology and tax technical computations. Also, we can help you adopt best-practice modelling by taking your tax data and running it through tools that model the impacts of existing and potential tax structures on your global tax profile.

Multinational companies are focusing on transformation projects to adapt to the global geopolitical situation and macroeconomic environment. Companies are facing disrupted cross-border supply chains, workers spread around the world and operations spanning multiple jurisdictions and are currently re-evaluating their value chain to keep a competitive advantage.

PwC brings together multidisciplinary functional knowledge that shape the way our clients create new value, reduce costs and increase growth. We help you to develop and implement an effective, sustainable and seamless value and supply chain management process by considering and bringing all operational, legal and tax aspects together. We assist multinationals to unlock savings and multiply the tax value creation, with the key aim of greater profitability and sustainable growth.

Our global network of government incentives and R&D experts assists large corporations develop optimal strategies to benefit from relevant incentives programs available for future investments, including innovation, research and ESG.

Government Incentives
PwC’s geolocalisation technologies and large scale incentives databases can match existing government incentives with multinationals’ assets, infrastructure and workforce around the world. We can perform deep analysis and manage the complexity of large organisations with these advanced program matching tools, leveraging different incentives (e.g., grants, subsidies, contributions, soft loans, tax credits, tax holidays and vouchers) available at the federal, state, provincial and municipal levels.

A technology-led, phased-approach in providing assistance is recommended, as outlined below:

• Identification - we identify and prioritise potential incentives that may apply to your project. This is done through an analysis of your priority projects and a deep understanding of your key challenges.
• Submission - we assist to set up and compile the necessary information, oversee and support the process of preparing the applications for the selected programs.
• Government relations - we support you in developing and managing relationships with relevant government bodies that administer the identified programs and assist in responding to queries and in discussions with officials about funding incentives.
• Compliance - we assist with responding to the prescribed reporting requirements, if any, for the awarded funding incentives.

R&D credits
Our worldwide network of R&D experts can support global research and development activities. We are ready to help you efficiently manage your investments in innovation. We can help you shape your global R&D strategy and where you spend your R&D budgets, based on efficient ownership of IP and jurisdictional relief. We understand the global R&D tax credits and incentives that are available to you and can help you consider the effect of factors such as transfer pricing or lP incentives.

We can assist you to:

• Identify the research activities that are eligible for the different programs in each country and region.
• Analyse detailed accounting records to identify costs that qualify for jurisdictional relief
  
• Gather, organise and develop documentation to support and defend eligible costs if tax authorities initiate an enquiry
• Improve your internal procedures and tracking systems in order to improve identification and documentation of eligible expenditures.