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
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