The tax consequences of any transaction must be carefully assessed in order to achieve an optimal result. Kluge reviews and assesses the tax aspects of proposed transactions and investigates alternative methods of carrying them out.
A transaction can often be carried out in different ways and on different terms. The way in which a transaction is organised is relevant for the way it is taxed, and two otherwise similar transactions can have very different taxation results. Kluge advises on tax matters in all kinds of transactions - from single sales and purchases to the sale and purchase of entire businesses, as well as international trade. Solid advice ensures that our clients have the best possible basis on which to carry through a proposed transaction.
A company that is contemplating a transaction may ask the tax authorities to give a binding advance ruling. This enables the company to ascertain the tax consequences of the proposed transaction and thus ensure predictability for the business. The formulation of a request for a binding advance ruling can be important for the result of the ruling. Kluge assists in the preparation and submission of requests for binding advance rulings.
In cross-border activities, the tax laws of other countries and any tax treaties between the countries in question can have considerable influence on the competitiveness of the company. The language of tax treaties can be crucial to a tax assessment and consequently also for the conditions of the cross-border activity. Kluge assists in clarifying international tax rules in connection with cross-border activities, giving companies control over the challenges and the possibilities that cross-border activities pose. Kluge also advises on tax, customs and duties related to the import and export of goods and services.