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International tax planning services
In all international business decisions, international tax aspects play an important role. Consulco's international tax department belongs to the select few Cyprus practices with a solid international taxation practice. It has in-depth expertise on Cypriot and international tax law.
We focus on providing high quality tax advice, whether in the context of large corporate and financing transactions or innovative tax planning opportunities arising from complex new tax legislation. Dedicated to getting the optimal results for our clients, we get highly involved in client matters and make sure that clients feel they have easy access to our team's members. The outstanding quality of our services has resulted in a number of long-standing relationships with small and large multi-national organizations.
Mergers and acquisitions
Consulco’s international tax department has been involved in a significant number of large M&A transactions or other major cross-border capital movements, including IPOs on international stock exchanges.
Tax opinions
Consulco’s international tax department is frequently engaged in issuing opinions on the Cypriot tax aspects of the involvement of Cypriot companies involved in cross-border transactions. We are in close contact with the Cyprus Inland Revenue regarding developments in policy conducted by the Cyprust Inland Revenue.
Tax rulings The members of Consulco’s international tax department are able to identify risks and exposures arising from the involvement of Cypriot companies in cross-border operations. At the same time they acknowledge that tax legislation is never drafted in such a way that it provides clarity about the tax aspects of any scenario. Each law has its ‘grey areas’. When encountering such grey area, we usually advise clients to try to negotiate a ruling with the Cypriot tax authorities regarding the tax aspects of the income generated by the Cypriot company in question. Through that approach we have developed valuable experience in dealing with the Cypriot Inland Revenue and we have gained valuable knowledge about the policy conducted by the Inland Revenue in many of the afore-mentioned grey areas.
Staying up to date and keeping you up to date
Consulco is subscriber to the world’s most prominent sources of information on international taxation. Furthermore, we closely follow the developments in Cypriot taxation and policy conducted by the Cypriot Revenue (we also refer to the sections ‘tax opinions and tax rulings’). In addition, through its extensive global network of representatives, Consulco is on a regular basis updated on important tax developments in other countries.
Consulco also makes sure that its clients and other associates stay up to date as well. This is amongst others done through quarterly submission of the Consulco international tax newsletter. People who are interested in receiving our newsletter, can sign up for our newsletter on this website.
Seminars and conferences
No Cypriot firm is as active in the field of organizing tax seminars as Consulco is. Consulco has organized seminars in many cities, including Amsterdam, Athens, Bucharest, Dubai, Luxembourg, Moscow, Mumbai, Stockholm and Warsaw.
Rutger Kriek, head of Consulco’s international tax department, is country speaker on behalf of Cyprus during the global conferences of the International Bar Association (IBA).
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