As an international firm with offices and agencies around the World, SCF appreciates that to be a bona fide tax planning firm, it is necessary to have in-house international accountancy capabilities especially as many clients require that all their corporate and/or individual tax needs are consolidated under one roof. Unlike their domestic counter-parts, international tax planning firms such as SCF need to be aware of not only the varying compliance issues but also have an understanding of applicable double taxation treaties, EU directives and regulations (where applicable), local submission dates, annual return dates, VAT thresholds (where applicable), corporate tax rates, capital gains tax rates, audit rules and a plethora of other matters. Obviously, all of this sounds and indeed is rather complicated but at the end of the day our aim is to bring everything together in as tax efficient way as legally possible for both you and your corporate vehicles.
How it All Works
Whether you have established a tax planning structure with SCF or simply want to transfer and/or consolidate your current tax returns into one manageable portfolio, SCF is more than able to assist especially given that both SCF Directors have over quarter of a century of experience in international legal and accountancy matters. For clients with both tax planning and accountancy consolidation issues, what would happen is that professionals from both divisions of the Group would have an initial discussion as to what is needed and then put together a long-term and cost effective proposal merging both legal and accountancy skill sets.
The Importance of International Treaties
In international tax planning and/or international accountancy, a practitioner must have in depth knowledge of international tax treaties, EU directives and regulations and in particular what is required to satisfy that a particular person and/or entity is (or is not) tax resident in a particular country. In such matters, the interpretations, rules and regulations of the Paris based Organization for Economic Co-Operation and Development (The O.E.C.D.) are paramount especially when a tax planner seeks to garner tax treaty provision protection.
The Countries Where SCF Can Provide International Accountancy Services/Stewardship
SCF can provide international accountancy services and/or stewardship services in many countries including but not limited to:
- THE UNITED KINGDOM
- THE REPUBLIC OF IRELAND
- HONG KONG
- THE ISLE OF MAN
- THE NETHERLANDS