Where your business model is changing, we can help manage resulting tax risk and optimise the group's tax position in a sustainable way going forward.

Business Model - changing times 

A growing number of businesses are looking to change their business model to drive both customer and shareholder value in the marketplace. This often has a major impact on key elements of an organisation's value chain - those critical activities and assets required to generate profits - including, either individually or together:

• Development and launch of new products
• Setting up in new markets
• Introducing central procurement
• Moving production to lower-cost countries
• Changing or moving the management structure
• Integrating new acquisitions

With proper planning, commercial benefits can be amplified by ensuring a new model maximises available tax benefits. This includes minimising up-front tax costs which could arise from the change process as tax authorities focus increasingly on business restructurings and how local territories share a multinational enterprise's income and profit.