Sometimes major changes happen in life or business that affect tax obligations. With a forecast, we calculate for you the impact on your tax obligations. This way you will be prepared for possible advance tax payments or high additional tax liabilities in the tax notices.
Tax planning can be understood as the targeted, i.e. planned, exploitation of tax structuring options.
Tax planning opportunities can be divided into three groups, namely:
Tax options are options that are explicitly granted in a law or in an administrative instruction. They allow taxpayers to choose between two or more tax consequences in a given set of circumstances. Tax options exist in broad areas of tax law. They are particularly widespread in the area of income taxes, especially in connection with the determination of taxable income.
Discretionary options are choices that are not expressly provided for by law, but arise de facto. They may be based on vague legal concepts, but also on an unclear legal situation. Discretionary leeway should only be spoken of here if the framework of what is legally justifiable is not exceeded. A deliberate violation of a legal norm, on the other hand, is to be referred to as an illegal practice. Illegal practices are generally not dealt with.
Tax-oriented factual arrangements can affect all operational structural elements as well as operational functions. Thus, taxation often has an influence on the choice of legal form or also on the type of financing.
We prepare tax planning for individuals, partnerships and corporations for national and international situations.
International markets are growing ever closer together, and cross-border corporate activities are becoming increasingly complex. This is associated with a constantly expanding deployment of employees abroad or the temporary or permanent employment of foreign employees in Germany.
We advise our clients on the tax and social security implications of employee assignments.
Tax Compliance Management Systems
Companies are required by law to file complete and correct tax returns in a timely manner. Despite the utmost care, errors may occur in the submission of declarations or filings.
A compliance management system (CMS) is understood to be the principles and measures of a company introduced on the basis of the objectives set by the legal representatives, which are aimed at ensuring that the legal representatives and the employees of the company and, if applicable, third parties, behave in accordance with the rules, i.e. to comply with certain rules and thus to prevent material violations. A tax compliance management system (tax CMS) is a separate subarea of a CMS whose purpose is the complete and timely fulfillment of tax obligations. We advise our clients on how to set up and improve their Tax CMS: