Page 10 - Strategic Tax Planning for Global Commerce & Investment
P. 10

Cross Border Tax Planning Strategies


        Companies  need  to  evolve  and  be  focused  on  maximizing
        margins through being innovative, improving quality, focusing
        on  increasing  operational  efficiencies,  reducing  costs  and
        managing risks.

        Most  companies  evolve  and  grow  along  at  least  two
        dimensions:


                          1.  Product/service  expansion  (enabled  by
                              strategic investments) and,
                          2.  Geographic  market  expansion  beyond  na-
                              tional borders.


        As  part  of  this  evolution,  global  companies  are  undergoing
        operational  changes  to  remain  competitive  and  capitalize  on
        global economies of scale.

        There  are  many  factors  or  variables  that  make  efficiently
        managing a business on a global scale more complex than ever.
        Globalization of markets, new business models, ever changing
        operating  environments,  ongoing  changes  in  the  competitive
        landscape  and regulatory environment, the impact of culture,
        and the pace of change, all increase the complexity of today’s
        business  environment  coupled  with  the  fast  changes  in
        information technology.

        Today as never before, tax strategy, planning and compliance
        have  become  much  more  complex,  and  involve  immense
        intricacies that needs to be addressed and managed on a global
        scale.

        Such  changes  create  both  opportunities  and  risks.  Analyzing
        the company’s business model and transactions and, aligning

                                         2
   5   6   7   8   9   10   11   12   13   14   15