I AM TAX MANAGER 

The tax specialist achieves feats on daily basis:

  • Understand local and international legal intricacies,

  • Inspire corporate tax policy,

  • Turn it into an operational reality,

  • Face controls requirements.

And this, in increasingly complex environments.

The tax specialist makes the permanent big gap: in the morning he participates in the construction of financial information brochures and in the afternoon he discusses the setting of VAT for deliveries made between Bucharest and London.

In this hectic daily life, Legal & Digital is a partner of choice ensuring reliability and efficiency.

 

TAX COMPLIANCE

Compliance

Tax legislation is changing to verify computerized accounts.

The evolution of tax legislation leads you to worry about the capacity of your systems and your teams to meet the legislation requirements.

 

Indeed, tax administrations everywhere are strengthening their means and structures in order to intervene directly in the systems, in particular to carry out computerized accounting checks.

In general, the main challenges for the companies concerned are:

  • Avoid accounting rejections and penalties,

  • Avoid the rejection of VAT deductibility,

  • Allow the company to respond within a reasonable timeframe to the requirements of the tax administration,

  • Limit the loss of time for both business professionals and limit the response time of the tax administration;

  • Reduce the direct and indirect costs of such an intervention;

  • Control the data / processing / evolutions of the information systems used by the company.

FEC, SAFT, SII, FAIA...

The world of tax reporting is now teeming with computerized obligations. The work of the OECD and the potential offered by data analysis have led most states to collect massive data from businesses.

  • On an annual basis , requiring sometimes massive extraction capacities,

  • At any time, on request , in remote control logics requiring agility and responsiveness,

  • Daily , as in Spain, with SII regulations.

The management of these obligations requires the mobilization of rare skills/ unusual / singular:

  • Know and interpret the regulatory requirements of each of the countries concerned ,

  • Have the means to extract and control massive data ,

  • Have the business skills necessary to master this information.

Legal & Digital offers each of its clients a tailor-made approach:

Legislative obligations impose on you many rare skills; Legal & Digital offers training to acquire these skills and / or to outsource these poles to our teams of experts.

SECURING TRANSFER PRICING

Sino-dependence is no longer possible! Faced with this reality, companies must rethink their value chains.

Legal & Digital supports you in the implementation of new means allowing you to ensure your compliance and thus, to avoid sanctions!

The COVID-19 crisis has dramatically illustrated the limits of a globalized model making all sectors of the economy completely dependent on raw materials or semi-finished products generally produced in Asia, and more particularly in China.

Admittedly, violent awareness sometimes vanishes as quickly as they appeared, but it remains probable that companies and States will attempt in the future to thoroughly review the deployment of their value chain .

The management of sino-dependence requires a diversification of channels, supply models and , consequently, the management of transfers and the sharing of margins.

 

The notion of value, its sharing and its taxation

The taxation of transnational movements is a crucial issue in a post-dematerialized world.

 

The success of BEPS , the need for a GAFAM tax and the fight against fiscal dumping presupposes major changes in this area as evidenced by the Pillar 1 and Pillar 2 work .

Legal & Digital provides groups with unprecedented means to:

  • Simulations with a view to setting policies and testing their robustness,

  • Optimized management of documentation and declarations,

  • Continuous monitoring systems to ensure compliance with rules and documentation of exceptions.

RELIABLE AUDIT TRAIL 

The introduction of new rules by the transposition into French law of the second Directive 2010/45 / EU of the European Union on VAT invoiced on January 1, 2013 has allowed companies to have greater freedom as to their billing method. In addition to this, you need to know more about it.

In return for this freedom, French companies now have the obligation to document a reliable VAT audit trail in accordance with Article 289 VII paragraph 1 of the General Tax Code (CGI) and in accordance with the requirements laid down by the tax administration (BOI-TVA-DECLA-30-20-30-20-20131018).

 

The audit trail must make it possible to retrace, in chronological order:

  • The entire invoicing process, from origin to invoice documents for the entire company and its subsidiaries,

  • The nature and justification of the transactions giving rise to the right to deduct.

The French tax authorities expect taxpayers to be able to present documentation of a reliable and complete VAT audit trail that meets all legal and regulatory requirements.

 

Do you want to put together your PAF documentation for inspections ?

Want to test your PAF ?

In return, companies have the obligation to document a reliable VAT audit trail in accordance with Article 289 VII paragraph 1 of the General Tax Code (CGI).

The second Directive 2010/45 / EU of the European Union on VAT invoiced on January 1, 2013 offers greater freedom to businesses

 
 
 
 

CFCI 

The introduction of new rules by the transposition into French law of the second Directive 2010/45 / EU of the European Union on VAT invoiced on January 1, 2013 has allowed companies to have greater freedom as to their billing method. In addition to this, you need to know more about it. In return for this freedom, French companies now have the obligation to document a reliable VAT audit trail in accordance with Article 289 VII paragraph 1 of the General Tax Code (CGI) and in accordance with the requirements laid down by the tax administration (BOI-TVA-DECLA-30-20-30-20-20131018).

 

The audit trail must make it possible to reconstruct, in chronological order:

  • The entire invoicing process, from origin to invoice documents for the entire company and its subsidiaries,

  • The nature and justification of the transactions giving rise to the right to deduct.

The French tax authorities expect taxpayers to be able to present documentation of a reliable and complete VAT audit trail that meets all legal and regulatory requirements.

 

Do you want to put together your PAF documentation for inspections ?

Want to test your PAF ?

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  • Audit of the quality and completeness of the basic data before submission to the administration,

  • Assistance during the audit: liaison between the Administration, the Tax Department and the ISD,

  • Carrying out the requested processing (for submission to the administration or to check the work done by the administration),

  • Determining the strategy towards the authorities. 

OUR SUPPORT

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  • Issue audit reports that can be communicated to the administration, 

  • Guarantee a 100% reliable audit trail,

  • Implementing a continuous tax archiving and control system,

  • Enable autonomy vis-à-vis the ISD, 

  • Ensure the integrity and security of archived data,

  • Control risk areas (VAT, transfer pricing, IS, IFU, etc.)

ARCHIVING