The tax accountants function within multinational companies has changed substantially in recent years. These changes were prompted by the introduction of the International Financial Reporting Standards (IFRS) and the increased stringency of the rules for reporting companies’ tax positions under US GAAP. Corresponding to this is the growing consciousness on the part of executives, shareholders, and other stakeholders that taxes (can) substantially influence the ultimate profit and equity to be reported. Controlling the risks entailed in this regard is of vital importance for companies.
How can Meijburg & Co assist you?
Meijburg & Co advises its clients on all the tax aspects of their annual accounts. We will prepare a comprehensive overview of your company’s tax position and analyze our findings. We will assist with properly recognizing this tax position in the annual accounts. We can provide documentation the auditor will require in order to issue an unqualified auditor’s report on the annual accounts. Meijburg & Co can also assist your company with designing and developing a Tax Control Framework, and we can assist you in any discussions that arise with the Dutch Revenue in the context of concluding a compliance covenant.
How will you benefit?
Tax laws are complex and subject to frequent amendment, not just in the Netherlands but around the world. Nevertheless, the auditor will expect you to have a comprehensive overview of your tax position and to control your company’s tax risks. Meijburg & Co can ensure that you are and will be able to meet these challenges.
Why choose Meijburg & Co?
Determining a company’s tax position requires an encyclopedic knowledge not only of the applicable reporting rules, but also of the various tax rules. Generally, however, the independence rules prevent your audit firm from offering you far-reaching solutions in this respect.
For this you may engage the tax accounting specialists of Meijburg & Co. We have wide-ranging knowledge and experience in both fields, and through our global network we have access to specialists around the world.