Customer and investor tax transparency
A short video on customer and investor tax transparency for financial institutions and personal account holders.
Operational tax services
Complying with your client related tax and reporting obligations
How can you enhance valuable client relationships whilst effectively tackling increasing operational tax complexity?
Governments have been pushing financial services organisations to take a central role in policing their client's tax compliance.
FATCA, UK FATCA and the Common Reporting Standard (CRS) usher in a world of automatic exchange of information and much increased customer tax transparency.
This has thrown a new light on the suitability of structures, products and services. At the same time new financial transaction taxes have been introduced which directly relate to investor transaction activity.
By supporting your increased focus on operational tax regulations, systems, processes and controls, using technology wherever appropriate, we can help you protect and enhance your reputation with clients, investors and regulators.
Insights
Information reporting
Global information reporting around US FATCA, UK FATCA and the Common Reporting Standard (CRS) presents significant business and operational challenges.
Tax Disclosures
HM Revenue & Customs (“HMRC”) and other tax authorities across the world are increasing their focus on the tax gap and putting tax transparency at the top of their agenda. Tax compliance is more critical than ever. If you think you or your clients may not be completely compliant, the message is clear - tell HMRC or face increasingly severe consequences.
