Tax for financial institutions

We’ll advise you on all questions about corporate tax in the financial industry (banks, insurers and asset management). This includes all the types of income taxes and taxes arising from restructuring. Our advisory portfolio also includes national and international taxes.

We’re ready to answer all the questions your investors have about tax. We have the answers to what types of tax private and institutional investors are liable for and what kinds of withholding tax apply to those selling products.

All services sold by banks, insurers and asset management companies and all the products they offer are basically subject to VAT. But in the financial sector in particular, there are complex relationships which need great care regarding their VAT treatment, especially relating to the scope of the VAT exemptions and rights to reclaim input tax that apply. Here, the right decisions need to be made as part of the general tax strategy, in order to achieve the best financial results. This tax strategy often has to be vigorously defended before the tax authorities, which mostly act restrictively. We’ll take care of this for you with clear communication and well thought-through, convincing arguments.

All services and products sold by banks, insurers and asset management companies are subject to VAT. But particularly in the financial sector, there are matters that are exempt from VAT. Here, the right decisions need to be made as part of the general tax strategy, in order to achieve the best financial results. This tax strategy typically has to be vigorously argued in front of the tax authorities. We’ll take care of this for you, with strong communication and legally water-tight and convincing arguments.

We’ll support you in determining interest rates, deliver drafts and documentation on financing guidelines (for intercompany loans, cash pooling and guarantees) and assist you in disputes from the challenges posed by local tax authorities owing to your complex and cross-company financial structures. We offer you financial modelling, credit rating calculations for tax purposes and quantitative analyses to calculate risks.

Where financing is concerned, including loan to value calculations and the associated financial modelling and financial structuring, we’ll guide you through it in just the same way as we will with analysing interest rate benchmarks, corporate transactions and real estate acquisitions.

We’ll deliver drafts of transfer pricing models relating to fund structuring, asset management, profit allocation (head office services), (re)insurance transactions, granting loans (globally), intangible goods and technology and profit allocation in the case of (server) permanent establishments.