Value Added Tax

Good advice adds value

As a result of the growing complexity of economic relations as well as the ever-increasing formalization of VAT legislation value added tax is more and more important for companies doing business at the international level. Amplified by the global trend towards indirect taxes, this development looks set to become one of the major challenges for companies in the years to come.

In addition, the progressing globalization does not only force companies to keep an eye on the national or local VAT law but to also take into account value added tax systems throughout Europe and the world. Systems that may be based on similar principles but in the end include different rules and regulations. Incongruities are inevitable.

As we see it, the best possible advice on value added tax has been given if the resulting structure fits smoothly into the overall setting of a company - both nationally and internationally. Consulting services in the field of value added tax have to add value. This is our objective and our strategy.

Our services in the field of Value Added Tax

Compliance

  • VAT registrations with the fiscal authorities at home and abroad
  • Preparation of preliminary VAT returns and annual VAT returns at national level including plausibility checks
  • Compilation of aggregate sales listings at national level
  • Submission of VAT returns abroad
  • Written correspondence with the authorities in these matters
  • Arrangement of VAT refund procedures at home and abroad

Advice

  • Individual advice on national and cross-border VAT cases
  • Expert opinions on value added tax issues
  • Recommendations for action on value added tax in connection with restructuring measures
  • Optimization of holding structures and tax groups
  • Optimization of input VAT proportion
  • Support with external VAT audits
  • Representation in the tax courts

Projects

  • Auditing of documents and accounts
  • Support with the implementation of electronic invoices
  • Completion of VAT reviews
  • Assistance with the development of manuals and working instructions
  • Support with the establishment of a VAT risk management regime
  • In-house training on general and specific value added tax topics

News

  • Provide current information on changes in the VAT law
  • Organize client seminars

Our service approach

Companies as well as their business transactions have to be adapted constantly in the face of rapid economic change. This is the basis of our service approach aiming at individual advice and practical solutions.

We are familiar with our clients’ way of thinking and acting and speak the same language. The members of our VAT team have gained their many years of experience in corporate tax departments of leading industrial companies, in international consulting firms and the financial administration.

Our excellent contacts with major business associations on national level and the respective local fiscal authorities are of benefit to our work. Lastly, we can rely on a global network of VAT specialists that has proven successful over many years of active collaboration.

Change requires innovative steps and pursuing a different path. We are ready to be your competent advisor.

Joachim Strehle

Partner
Dipl.-Ökonom
certified public accountant
tax adviser

Thomas-Wimmer-Ring 1-3
80539 Munich
Germany
Phone: +49 (89) 28646-173
Fax: +49 (89) 28646-111
joachim.strehle@wts.de

 

Publications Value Added Tax

Brochure Value Added Tax

International Tax News
on the eVAT Check-ID tool by WTS

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