Within the chemicals industry, globalisation has become a major theme as manufacturers expand across borders to obtain cost advantages, pursue higher rates of growth, and keep up with customers who are rapidly globalising their own operations. As the process accelerates, managing an international tax structure becomes a complicated task for multinational chemical companies. These companies are increasingly affected by tax, legislative and regulatory developments throughout the world that must be monitored, assessed, and acted upon. Clearly, understanding what impact these developments may have on business operations is vital to a well-run organisation.
How PricewaterhouseCoopers can help you
PricewaterhouseCoopers’ international tax structuring group is experienced in addressing all aspects of international taxation. Our teams can help you structure your business in a tax-efficient manner, construct effective cross-border strategies, and manage your global structural tax rate. We can also keep you abreast of new developments in the international arena that affect your business.
Specific PwC international tax services include:
- Identification of tax efficient holding company locations
- Cross-border financing and treasury solutions
- Controlled foreign companies tax planning
- Advice on income tax treaties, profit repatriation, and loss utilisation
- Inbound and outbound structuring
- Management of intellectual property and intangible assets
- Tax efficient supply chain and shared services
- Regional tax issues, for example, EU tax harmonisation
