A BPO company grappled with antiquated tax structures reliant on tax havens, necessitating a transition to a modern, compliant tax strategy. The client sought CEG’s expertise to create a tax framework that adhered to modern regulatory standards, such as OECD requirements and country-specific tax obligations.
The Idea:
CEG explored various strategies to overhaul the client’s tax structure, ensuring compliance with evolving regulatory standards. The focus was on dismantling outdated structures while minimising tax leakage and liability and establishing tangible substance in jurisdictions of operation to reinforce the legitimacy of the new tax framework.
How did CEG help?
CEG deconstructed the client’s existing tax structures and designed a transparent and compliant tax strategy that adhered to OECD guidelines and local tax regulations. This involved setting up structures with tangible substance in operational jurisdictions and ensuring effective implementation beyond theoretical constructs.
Where are they now?
CEG’s intervention allowed the client to achieve compliance with global tax authorities, fostering confidence among financial institutions. The new tax structure facilitated enhanced transparency, enabling smoother interactions with stakeholders and securing external financing.
