We just love taxation since it is the most dynamic part in international law already for decades and it will be a challenging business for many decades to come. Since we are in the middle of international tax developments around the world, we are in the unique position to effectively use and share our knowledge with your team of in-house or external tax advisors.
We believe that tax planning will remain an important element in the structuring of businesses everywhere. In the past, however, many structures have been implemented which were not supported by real facts. After decades of frustration with governments, the beginning of the crisis led to a reshuffle of rules. These changes have been accepted widely since they were necessary. On the other hand, these changes do not deliver one harmonized set of new rules. Many states have used the momentum to create their own specific rules which are not always in line with the international developments. Some of them just took the position that it is ‘pay-back time’. In other words: they want companies to pay more in their country, independently whether this is in line with the new rules. As a consequence, double taxation will become more and more the rule instead of the exception. Add thereto that only a few states seem to be willing to conclude a mandatory dispute resolution mechanism to solve classification disputes and our role is obvious.
We are very motivated to support companies in helping to prevent these issues on potential double taxation by optimizing their business based tax structure, by developing a line of defense and by supporting your team wherever a case is pending. ‘Connecting knowledge’ means for us that we will always cooperate with your team and your advisors, based on respect for everyone’s role and with the best attitude possible to work with everyone as a team.