Katri Sorsavirta
Take advantage of the new tax incentive for research and development
Value-added taxation
Value-added taxation – part of everyday business
Almost all domestic and international companies deal with value-added taxation and related questions on a daily basis. It is important for companies to ensure the accuracy of their value-added taxation related processes in order to avoid unnecessary risks but, equally, to optimize the effects of value-added taxation on their business in order to avoid unnecessary tax expenses.
Value-added tax treatment is affected by a number of factors, such as whether the transaction concerns a sale of goods or services and which country’s value added tax regulations apply to the sale. International trade of goods and services, international project deliveries and subcontracting chains as well as reorganisations of business involve a large number of value-added tax regulation and questions. In addition, certain industries are subject to special regulation for value-added tax purposes. Such industries include, for example, real estate, construction, social and health care as well as financing and insurance.
The regulations regarding value-added taxation and other indirect taxation change constantly, which is why both avoiding risks and optimizing value-added tax impacts can be challenging for companies, and require continuous monitoring of regulatory changes. Finding the answers requires posing the right questions and compiling appropriate background information. We know how to do this.
The growing importance of value-added taxation
The importance of value-added taxation and other indirect taxation in today’s global economy keeps growing. Value-added tax and other indirect taxes are a substantial source of income for countries. In 2022, for example, value-added tax was the largest individual source of income for the Finnish state. Therefore, great emphasis is put on collecting indirect taxes. Countries are also focused on preventing misconduct and decreasing the so-called VATgap. Because of this, legal provisions and case-law concerning indirect taxation are constantly changing.
We make sure that our clients can focus on their business without additional concerns, unnecessary risks or unreasonable administrative burdens. We are proud of our close cooperation with our clients and the opportunity to offer tangible help that they need in order to make informed decisions.
Our services
Planning, reviewing and optimizing the business model
We help our clients plan, review and optimize their business from the viewpoints of value- added taxation and other indirect taxation.
We map any possible unidentified value-added tax risks related to our clients’ business and help with optimizing the impacts of value-added taxation in order to avoid unnecessary tax expenses.
Changes in business operations
We support our clients during changes in business operations by reviewing and evaluating the potential impact of the changes for value-added tax purposes.
International flow of goods and customs
We analyze value-added tax and customs questions related to international flows of goods. We help our clients to find solutions to challenging supply chains, including chain transaction situations.
International project deliveries
With globalization and digitalization, companies need to adjust their business to suit the ever-changing world of value-added tax regulations.
We help our clients to plan and implement international project deliveries, taking into account value-added taxation and other indirect taxation related questions. We carry out value-added tax analyses related to international project deliveries with the help of our international cooperation network.
VAT analyses for international sale of services
We help our clients to plan their business operations and ascertain the regulations applicable to international supply of services in the client’s industry, both in the EU and outside the EU with the help of our international cooperation network.
Trainings and workshops
With customized trainings, we share our experience and know-how to support our clients’ business.
The trainings and workshops always consider the participants as well as the company’s needs and situation, giving additional tools for navigating the VAT jungle.
Guides and internal value-added tax reviews
We prepare customized internal guidelines for our clients, to facilitate compliance with value-added tax regulations related to our clients’ business.
We carry out internal value-added tax audits and reviews. With the help of internal VAT reviews, companies can become aware of potential risks before a possible tax audit.
Advance processes
In questions open to interpretation, we utilize various preliminary procedures, such as traditional advance ruling applications, advance discussions and written requests for guidance for value-added taxation.
Tax audits
We assist our clients in tax audits. The presence of a value-added tax expert in a tax audit can enable the resolution of questions regarding value-added tax already during the tax audit, in which case useless appeal processes can be avoided. In addition, it can ensure that information provided regarding the company’s value-added taxation during a tax audit has been provided accurately.
Appeals and claims
We take care of appeal processes and always first evaluate the client’s interest.. We assist, among other things, in preparing answers to the Tax Administration’s clarification requests. In addition, we assist our clients in the preparation of claims for adjustment and in the later stages of appeal processes in the administrative courts and the Supreme Administrative Court.
Registration and compliance
We take care of VAT registrations and VAT compliance on our clients’ behalf. Together with our global partner network we also take care international registrations and compliance.
Value-added taxation professionals
Expertise in taxation and legal matters to support you
Our assistance will ensure that you can make informed decisions during throughout all the stages of your business. Regardless of whether you are dealing with an international or domestic situation, a business acquisition or restructuring or require personal advice, you will always have access to experienced experts who know the best tools for your situation.
Alder Global
Comprehensive support for growth and international business operations.
Alder Domestic
Practical legal and tax advisory for Finnish companies and enterprises.
Alder Transactions
Experience-based added value for transactions and other forms of restructuring.
Alder Private
Personal consultancy for business owners, entrepreneurs and other private individuals.
Get to know our knowledge areas
Cross-disciplinary versatility, proactive monitoring of the changes in the operating environment and continuous development of our skills enable us to provide added value to our clients.
www.svalner.se
www.atlas.tax
www.alder.fi