Comments on: Tax modelling: there’s no such thing as a tax rate of 33,99% http://www.pwcblogs.be/transactions/2010/02/tax-modelling-there%e2%80%99s-no-such-thing-as-a-tax-rate-of-3399/ Our experts'comments on Mergers and Acquisitions Wed, 10 Feb 2010 08:47:41 +0100 http://wordpress.org/?v=2.9.1 hourly 1 By: Nancy De Beule / Annelies Butaye http://www.pwcblogs.be/transactions/2010/02/tax-modelling-there%e2%80%99s-no-such-thing-as-a-tax-rate-of-3399/comment-page-1/#comment-390 Nancy De Beule / Annelies Butaye Wed, 10 Feb 2010 08:47:41 +0000 http://www.pwcblogs.be/transactions/?p=543#comment-390 Dear Mr. Smith First of all we would like to thank you for your comment on our blog-post regarding tax modelling. With respect to your questions it is not straightforward to provide you with a concrete answer, as this will depend on the specific financial and tax situation of the companies in your group. However, in practice we notice that, in case of effective tax management and planning, and also depending on how far you want to go, a low average consolidated tax rate can be obtained. In this respect, various structuring and financing scenarios’ could be envisaged depending on the specific situation of your group companies. The outcome of these ideas can be directly transposed by using tax modelling. As a result, you will get a clear overview on the tax paying position of the companies involved prior and after the implementation of the intended restructuring scenarios’. In case you would like to further discuss your specific situation, we would be pleased to do so during a meeting. Kind regards <a href="mailto:Nancy.de.beule@pwc.be" rel="nofollow">Nancy De Beule</a>, Director Tax services, +32 3 259 3125 <a href="mailto:Annelies.butaye@pwc.be" rel="nofollow">Annelies Butaye</a>, Manager Tax services, +32 3 259 3165 Dear Mr. Smith

First of all we would like to thank you for your comment on our blog-post regarding tax modelling.

With respect to your questions it is not straightforward to provide you with a concrete answer, as this will depend on the specific financial and tax situation of the companies in your group.

However, in practice we notice that, in case of effective tax management and planning, and also depending on how far you want to go, a low average consolidated tax rate can be obtained.

In this respect, various structuring and financing scenarios’ could be envisaged depending on the specific situation of your group companies. The outcome of these ideas can be directly transposed by using tax modelling. As a result, you will get a clear overview on the tax paying position of the companies involved prior and after the implementation of the intended restructuring scenarios’.

In case you would like to further discuss your specific situation, we would be pleased to do so during a meeting.

Kind regards

Nancy De Beule, Director Tax services, +32 3 259 3125
Annelies Butaye, Manager Tax services, +32 3 259 3165

]]> By: Adam Smith http://www.pwcblogs.be/transactions/2010/02/tax-modelling-there%e2%80%99s-no-such-thing-as-a-tax-rate-of-3399/comment-page-1/#comment-367 Adam Smith Tue, 02 Feb 2010 08:01:32 +0000 http://www.pwcblogs.be/transactions/?p=543#comment-367 Given that all our operations are within the euro zone (and we'd like to keep them within this currency area), and that we have a manufacturing footprint primarily in northwestern Europe, what sort of corporate tax rate can we aspire to? For instance, are rates as low as Ireland's within reach, even if we don't have production facilities there? Best regards, Adam Smith Given that all our operations are within the euro zone (and we’d like to keep them within this currency area), and that we have a manufacturing footprint primarily in northwestern Europe, what sort of corporate tax rate can we aspire to? For instance, are rates as low as Ireland’s within reach, even if we don’t have production facilities there?

Best regards,
Adam Smith

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