Tax

Tax Advisory Services

  

 

Crowe Tax Advisory Services department relies upon the experience and expertise of its professionals to provide optimal solutions tailored to the needs of each client individually. In a legal environment where tax legislation is constantly under revision, our consultants keenly support the client’s business objectives, contribute to the implementation of the selected structure, and ensure compliance with all tax obligations.

 

Corporate Income Tax

Tax structuring is a key element of corporate business strategy when trying to achieve full tax compliance and reduce risks.

Our consultants provide client-specific tax services, such as:

  • Consulting on corporate tax issues
  • Effective and tax-efficient strategies for optimal tax management
  • Tax Diagnostic Review in cases of tax audits
  • Support and guidance during tax audits
  • Effective and tax-efficient planning for investments
  • Evaluation and optimization of the final effective tax rate
  • Advice and support in understanding and implementing government regulations

 

 

Indirect Taxes

Indirect taxes (sales taxes, customs duties, VAT, etc.) are constantly changing because of fiscal policy and EU resolutions, while tax audits are all the more frequent.

Managing indirect taxes becomes more complicated as their relative effect is not easily discernible, though it directly influences a company’s liquidity.

Crowe’s Tax Advisory provides guidance and tools for their proper management, including:

  • Identifying potential risks and opportunities through VAT diagnostic reviews
  • Information on relevant legislation as well as on developments in EU strategy
  • Assistance in strategic planning with respect to indirect taxes so as to manage their impact on the company’s financial results, risk portfolio and organization
  • Support during tax audits or other tax proceedings
  • Advising on strategy and planning aiming to reduce the risks and costs from indirect taxes
  • Advising on internal procedures and indirect tax-related risk management
  • Assistance during discussions with the tax authorities and preparation of individual enquiries as per the Ministry’s requirements

 

Tax Compliance

Constant changes in tax legislation and regulations make well-informed tax compliance extremely difficult.

We provide effective structuring and the best solutions regarding your tax compliance obligations, with a wide spectrum of services including but not limited to the following:

  • Regular audits and management reviews
  • Tax coordination of overseas activities
  •  Corporate income tax compliance
  • Indirect tax compliance
  • Tax consulting and support
  • Continuous improvement of procedures, leveraging our continued investment in technology and data collection and processing
  • Support during the client’s year-end tax audit and tax disputes with the tax authorities
  • Instant access to current and reliable information

 

International Tax Structuring

The reduction of the global tax rate applicable to businesses operating at an international scale is crucial to their success. Companies should approach their tax planning using criteria that go beyond the domestic tax laws of individual countries.

From establishing subsidiaries and branches to structuring for the repatriation of profits, our tax experts will help you optimize an impending tax charge and keep you informed on tax developments that affect your business.

Our services for international tax structuring include:

  • Effective and tax-efficient strategies for domestic and international investments, pre and post any structured transaction
  • Updates concerning international tax developments with regard to DTTs and the BEPS initiative which may impact your business
  • Tax structuring for domestic and international transactions
  • Management of tax claims and liabilities
  • Advice on tax matters such as tax harmonization across the EU

 

Mergers and Acquisitions

Over the past twenty years, mergers and acquisitions have become the most common methods of company growth. A company may merge with a rival, a customer or a supplier, or with a differently oriented company in order to diversify its services and products; or it may proceed to a friendly or hostile takeover.

Our professionals provide, inter alia:

  • Tax evaluation and consulting on how to manage tax risks associated with acquisitions and mergers
  • Advice on the proper structuring of transactions in order to improve net cash flows
  • A tax assessment of the company before the acquisition or sale (due diligence)
  • Effective tax structuring of transactions
  • Support for improved tax solutions after the agreement

 

Real Estate Compliance

In today’s volatile real estate, market the sustainable performance of real estate investment is of paramount importance to our customers in combination with tax structuring.

We provide, among other services:

  • Calculation of property taxes
  • Preparation of real estate tax returns
  • Calculation of the objective value for valuation purposes
  • Calculation of donation, inheritance and parental grant taxes
  • Preparation and submission of related declarations to the National Cadaster
  • Support during tax audits
  • Consulting services in property conveyancing
  • Consulting services in real estate planning

 

 

Transfer Pricing Documentation

In today’s a global economic environment, which is in constant flux, companies –especially multinationals– trade with affiliated companies on a daily basis.

Transfer pricing, i.e. the setting of prices between legal entities within the same organization, has become a global issue. Relevant legislation is becoming more detailed and demanding, and there is ever greater need for correct documentation in order to mitigate the risk of penalties imposed by the regulatory authorities.

Our department, which comprises tax consultants with many years of experience and a constant flow of information on transfer pricing, provides, inter alia:

  • Transfer pricing planning and compliance advice
  • Advice and support in the preparation of transfer pricing documentation in accordance with Greek or foreign legislation
  • Support in transfer pricing audits
  • Benchmarking reports

 

Ioannis Gianopoulos

Director, Tax Advisory Services