Ambitious organisations need to consider their tax affairs carefully to gain trust and stay ahead of their competitors.
At Multibusiness, tax is a key part of our organisation and our award-winning teams can offer you a range of solutions, whatever the size of your business or the challenges you’re facing.
Using a combination of reason and instinct, we can work with you to develop a strategy that helps you both understand and manage your tax liability in a transparent and ethical way.
How we work
Whether you’re a medium-sized dynamic business or a multinational company, we offer one-to-one access to senior tax people across the globe. Our teams listen closely to your needs and respond quickly with insightful solutions.
We offer a broad range of Tax services, which include:
- corporate and personal tax compliance
- employee tax
- expatriate tax solutions
- capital gains tax
- international tax
- preparation and filing of annual tax returns
- tax health check
- transfer pricing advisory
- value added tax services.
Corporate & Business Tax
Growing businesses need strong tax management to meet current and future tax liabilities and we can help you achieve this, whatever challenges you face.
Many businesses worldwide are eager to better coordinate and outsource their compliance processes. Our trusted teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
By using bespoke software, we offer a transparent service within your control that can be tailored to your individual business needs.
Global Mobility Services
Aligning a global mobility strategy with business objectives
In a globalised world, businesses must work seamlessly across borders. Organisations operate in multiple countries and view international expansion as a strategic objective. International talent mobility is a key element of a successful global business and with it comes challenges and risks, as well as opportunities. With ever changing global tax regulations, an effective, compliant and cost-efficiently managed international mobility program is a critical component of successful talent management and business operations.
Our teams of mobility and human capital advisers work together with you to build and evolve a smart global mobility strategy, along with policies and processes that address the complex challenges of managing an international workforce from assignees to business travellers. For example:
- minimising and managing international complexities in your business tax profile
- aligning your internal policies and procedures, business culture and growth strategy
- preparing your international assignees for the personal, professional and logistical considerations of relocation
- evolving your mobility policy, informed by trends in the market and global legislative change
- providing technology solutions, processes and policies to manage the complexities of business travellers.
Organisations that prepare carefully and leverage the right knowledge and advice can transform the challenges they face into their advantages.
A clear, transparent approach to expatriate assignments Our approach to mobility provides you with the forward-thinking solutions and compliance that provides successful management of your international assignments. Drawing on the knowledge and insights of our global network of mobility professionals, we work with you to deliver insightful solutions that:
- delivers tax efficiencies
- is globally compliant
- avoids costly problems for employees assigned overseas.
We offer a wide range of services to support both companies and individuals, including:
Indirect International Tax
With more goods and services crossing national borders than ever before, you may be facing indirect tax obligations in many countries – even those where your customer is located.
Multibusiness’s tax teams take a rigorous approach to helping you meet these obligations, whatever challenges you may face along the way. Using our finely tuned local knowledge, teams from our global organisation of member firms help you understand and comply with often complex and time-consuming regulations.
You may need to pay particular attention to indirect taxes if you’re doing business in an area that already has high rates of these taxes. On a global level, rates of indirect taxes are on the increase in countries that already impose these taxes. Countries without a zero-base rate may also see indirect taxes as a means of raising revenue.
One thing that all indirect taxes do have in common is that they are transaction-based. That means you need to consider them at an early stage to avoid unexpected liabilities and unnecessary costs.
Multibusiness can help with:
- identifying where transactions are taxed
- registration of local indirect tax in countries where taxable transactions are undertaken
- tax-efficient planning for transactions
- preparation and submitting indirect tax returns
Tax Policy
Tax policies are constantly evolving, will these affect your business?
Multibusiness’s teams can work with you to help you understand these regulations, develop a strategy tailored to your business’ individual tax needs and manage tax risk around the globe.
Base Erosion And Profit Shifting (BEPS)
Businesses with a footprint in a number of countries will be aware of the variations in tax policies between regions.
In recent years, these tax discrepancies have been at the centre of a public outcry and received huge amounts of media attention. Through aggressive tax planning, some organisations capitalised on these discrepancies and regional variations to avoid corporate tax or reduce their liability. This practice is known as base erosion and profit shifting (BEPS). Although legal in the vast majority of cases, this practice has raised ethical concerns worldwide.
The Organisation for Economic Co-operation and Development (OECD) launched a 15-step action plan to tackle and reduce BEPS, which could lead to major changes in international tax standards.
Action 1: Address the tax challenges of the digital economy
Action 2: Neutralise the effects of hybrid mismatch arrangements
Action 3: Strengthen controlled foreign corporation (CFC) rules
Action 4: Limit base erosion via interest deductions and other financial payments
Action 5: Counter harmful tax practices more effectively, taking into account transparency and substance
Action 6: Prevent treaty abuse
Action 7: Prevent the artificial avoidance of permanent establishment (PE) status
Action 8: Assure that transfer pricing outcomes are in line with value creation/intangibles
Action 9: Assure that transfer pricing outcomes are in line with value creation/risks and capital
Action 10: Assure that transfer pricing outcomes are in line with value creation/other high-risk transactions
Action 11: Establish methodologies to collect and analyse data on BEPS and the actions to address it
Action 12: Require taxpayers to disclose their aggressive tax planning arrangements
Action 13: Re-examine transfer pricing documentation
Action 14: Make dispute resolution mechanisms more effective
Action 15: Develop a multilateral instrument