Global Indirect TAX ADVISORY SERVICES CRITICAL THINKING AT THE CRITICAL TIME

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1 Global Indirect Tax Compliance TAX ADVISORY SERVICES CRITICAL THINKING AT THE CRITICAL TIME

2 Global Indirect Tax Compliance Our Services Global Indirect Tax Compliance What makes us different? VAT and other indirect tax compliance is becoming increasingly burdensome. Many businesses now seek to outsource some or all of this burden in order to reduce cost, manage risk and free up time for the in-house finance team. VAT compliance is an issue that affects businesses from all sectors and in particular, businesses which have numerous trading entities and branches or businesses which trade in multiple locations in short, anyone with a large or growing number of VAT registrations. At FTI Global VAT Compliance we provide everything you need to successfully manage indirect tax compliance and provide a cost effective solution for: VAT/GST registration; Indirect tax reporting - completion and submission of VAT/GST returns and supporting declarations such as Intrastat and EC Sales Lists; Fiscal representation experienced team Our team is highly experienced, having held senior indirect tax posts within the Big Four and industry. We have substantial experience of on-boarding new engagements, working across the EU member states and globally. We provide our services to major global businesses and are a recommended service provider for Amazon sales partners. ROBUST CONSISTENT PROCESS Your compliance needs will be handled according to one global process using high quality, experienced staff and leading edge tax technology. This delivers complete visibility of the compliance process and enhanced management information. From one central point of contact we will register you for VAT wherever necessary, put in place the process for preparing and submitting returns, and where needed, organise the transfer of funds. INDEPENDENCE AND DEPTH We are free from audit and assurance relationships. As a result, our clients can always be certain that we will be in a position to represent and advise them whenever required. Our European Tax Advisory team is the largest tax team of its type and in addition to VAT compliance provides a full range of tax advisory services to some of the world s largest businesses. We are part of the WTS global tax network, the world s largest independent tax network, with offices in over 100 countries. PERSONAL SERVICE Each client relationship is managed personally through one Global VAT Compliance partner who will provide a single point of contact and will organise the team to deliver the service you need. Through our VAT management portal you will always have full visibility of the return status and will have access to archived returns and supporting documentation whenever you need them. 1 FTI Consulting, Inc. GLOBAL INDIRECT TAX COMPLIANCE GLOBAL INDIRECT TAX COMPLIANCE FTI Consulting, Inc. 2

3 Case Studies Our Senior Team Household name distributor of power tools Global pharmaceutical group We provide full VAT compliance services for 49 VAT registrations across 20 countries, completing VAT returns, European Sales Lists and Intrastat using specialist tax technology. Our VAT management Portal is central to the service and is used for the exchange of data, workflow management and the archiving of ERP data, working papers and returns. Our introduction to the business was when we were appointed to assist with its transition to an automated VAT reporting solution. This included testing the new solution over an extended period by running it alongside the existing process. We now provide a co-sourced service where the work is carried out by a dedicated team, using technology licenced to FTI Consulting. This reduces licencing costs for the client and frees up time for the in-house team. We were called in to establish a VAT function following a major acquisition. The scope of the work included supporting the business during the transition from a commissionaire to Limited Risk Distribution model, testing historic VAT returns, de-risking the past and establishing strong processes for the future. We also worked with systems integrators around VAT needs, carrying out Accounts Receivable and Accounts Payable testing and remediation. Following the initial project in 2012 we were engaged to provide ongoing VAT compliance services for the group and we currently prepare VAT and GST returns across 25 jurisdictions both in the EU and beyond. We also provide temporary VAT support on a secondment basis whenever the client needs it. Richard Baxter Senior Managing Director and Head of Indirect Taxation +44 (0) richard.baxter@fticonsulting.com Richard is our Global Head of Indirect Tax, and is co-leader of the WTS Alliance VAT practice globally. Richard was formerly head of the UK Indirect tax team at Andersen. Henk Hop Senior Managing Director Arnoud Bakker Managing Director arnoud.bakker@fticonsulting.com Arnoud is a specialist in the use of tax technology solutions for VAT compliance and has over 12 years experience working with multinational clients on EU and Dutch VAT issues. Paul Bakker Managing Director henk.hop@fticonsulting.com paul.bakker@fticonsulting.com Henk leads the FTI Global VAT Compliance team and is based in the Netherlands. Henk was previously an indirect tax partner with Arthur Andersen and Deloitte in the Netherlands and Taxand in Belgium. Paul specialises in VAT and international trade and customs. He leads the compliance centre s foreign VAT refund practice. 3 FTI Consulting, Inc. GLOBAL INDIRECT TAX COMPLIANCE GLOBAL INDIRECT TAX COMPLIANCE FTI Consulting, Inc. 4

4 About FTI Consulting FTI Consulting Our Services Provider of leading consultancy services across the following practice areas 1982 YEAR FOUNDED 27 countries around the world $1.8bn FY14 ANNUAL REVENUE 4,700+ employees world-wide 211m FY14 ADJUSTED EBITDA 16+ EXPERTS IN over 16 INDUSTRIES $1.7bn EQUITY MARKET CAPITALISATION (as at 31 Dec 2014) 440+ senior managing directors (Partners) European Tax Advisory A highly experienced team with an outstanding track record and reputation. We provide compliance and advisory services for all areas of business tax. We are part of one of the world s largest tax networks, WTS Alliance. CORPORATE FINANCE Market-leading restructuring practice. Market-leading financial due diligence group 100+ PE LBOs in the past five years. Operational restructuring, diligence and performance improvement capability. FORENSIC & LITIGATION CONSULTING Forensic accounting, fraud, risk and regulatory investigations. The Bernard Madoff ponzi scheme case. The $360 million Parmalat accounting fraud. ECONOMIC & FINANCIAL CONSULTING Named as Arbitration Expert Firm of the Year 2015 by Who s Who Legal. Compass Lexecon, a wholly owned subsidiary of FTI Consulting, is recognised as a worldleading anti-trust economics firm (GCR). Advised on the LIBOR rigging scandal. strategic communications The largest global corporate communications business (formerly Financial Dynamics). Number 1 European M&A communications adviser. Market leader for advising UK listed companies. TECHNOLOGY #1 world s leading restructuring firm mergermarket pr firm of the year 94/100 adviser to 94 of the world s top 100 law firms 47 OF GLOBAL 100 CORPORATIONS ARE CLIENTS 10/10 adviser to top 10 bank holding companies Tier 1 global provider of e-discovery and forensic services. Gartner positions FTI Technology as a leader in its 2014 Magic Quadrant Report for E-Discovery Software. 5 FTI Consulting, Inc. GLOBAL INDIRECT TAX COMPLIANCE GLOBAL INDIRECT TAX COMPLIANCE FTI Consulting, Inc. 6

5 About FTI Consulting FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. FTI Consulting professionals, who are located in all major business centres throughout the world, work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring FTI Consulting, Inc. All rights reserved.