Businesses, board members, supervisory authorities, investors and other, sometimes unexpected, stakeholders are increasingly focusing on taxes and tax risks. They expect a business to manage its tax risks.
The Dutch Tax and Customs Administration’s introduction of horizontal monitoring has further increased the importance of tax risk management in the Netherlands. A tax control framework (TCF) allows you to manage your tax risks and take advantage of tax opportunities.
However, so much more is happening, and happening at an increasingly heightened pace. Issues involving new international guidelines and rules require a fresh perspective.
- How can your new means of control be applied to the tax function of your business?
- Do you know how to deal with the issues surrounding country-by-country reporting?
- How do you respond to public concerns on tax issues?
- Do your annual financial statements meet tax reporting standards?
- What is the best way to apply horizontal monitoring at home and abroad?
Meijburg & Co has a very experienced team of partners and senior tax advisors with extensive experience of these issues. They work closely with a dedicated and international tax management network.
Our professionals can develop a sound tax business plan, a tax policy or practical manuals for tax relevant aspects of your business. They are specialized in assisting management with setting up, implementing and testing control measures or perfecting the way you identify risks. Supporting tools such as data analysis and statistical sampling are also used in the risk management process. These issues are dealt with on the basis of a thoroughly tested ‘four step plan’. Our made-to measure approaches are designed with quality and your business’ unique needs in mind, thereby avoiding standard solutions.
In addition, Meijburg & Co has designed a number of supporting risk management applications in collaboration with Ba-PRO, a supplier of governance, risk management and compliance computer software. These applications are the result of our years of experience with tax risk management and Ba-PRO’s experience with risk management software.
Please visit our TCF Maturity Monitor website, which is the result of our wide-ranging practical experience. It can provide you with valuable insights and suggestions to improve your risk management.
Please feel free to contact us to discuss the possibilities. Creating an approach that is designed to meet your specific needs is a challenge that we are more than willing to accept!