Tax Managed Services

Your expert for questions

Lukasz Mehl
Director, PwC Germany
Tax, Legal and People Advisory
Phone: +49 511 5357-5477
Email

A strong and reliable partner for your tax processes

Corporate tax functions today are facing ever-increasing demands. These demands are the result of burgeoning regulations and increasingly digital processes. On top of this, fewer and fewer specialists with the necessary know-how are available to meet these challenges.

With Tax Managed Services, we can run everything from individual steps in your processes to your entire tax department – tailored to your requirements. Outsourcing allows you to benefit from our tax compliance expertise and state-of-the-art technologies.

Our services

Our end-to-end Managed Services give you the option of integrating most or all of your tax functions into an efficient managed services operating model. Our comprehensive tax solutions are tech-powered and cost-effective, while still maintaining the in-house feeling of your own team. We’ll guide you through the entire global tax lifecycle, from planning, to compliance, to legal disputes involving the tax authorities. By utilising technology and a data-driven approach, we can eliminate redundancies and manual processes, ensuring greater cost efficiency. Our end-to-end services include:

  • Insourced solutions for tax
  • Tax business partnering

In addition to our holistic end-to-end approach, we also offer tailored Managed Services for selected processes in your tax department in the following areas:

Declaration

Tax support in accounting with finance automated managed services

Outsourcing financial processes holds immense potential. We at PwC can be your strategic partner, easing your workload with AI-powered Finance Automated Managed Services (FAMS). These services offer a substantial technological advance and an efficient, flexible cost structure that aligns with the development of your business.

  • Accounting tax support as a service: We can help with tax work in your transaction-related accounting processes, from record to report.

Direct taxes

We provide comprehensive support with managing direct taxes, helping you minimise compliance risks and identify and leverage potential tax savings. Alongside our comprehensive end-to-end insourced solutions for tax (IST), which cover income tax, corporation tax and trade tax, we also offer tailored solutions.

  • Property Tax App as a service: The entire property tax process in one solution – from collecting data and preparing declarations to managing deadlines and objections.
  • Company valuation tool for inheritance tax and gift tax: Ongoing company valuation service for inheritance tax and gift tax purposes, including tax company valuation, combined assets statements and calculation of tax exemptions. Efficient, powerful and transparent.
  • Private equity tax: Our top-notch service to assist you in all aspects of private equity, from income tax reporting and tax assessment calculations, to preparing and filing tax returns for partnerships or CFC/PFIC health checks.
  • InvestorTax@OneClick: InvestorTax@OneClick is a Managed Service for institutional investors which handles the work of calculating all key tax figures for fund investments in accordance with the German Investment Tax Act (Investmentsteuergesetz, or InvStG).
  • Transfer pricing: We combine traditional transfer pricing services with our expertise in process design and automation. This allows us to implement an efficient (standardised and automated) and effective (consistent and legally compliant) approach to documentation.

Payroll

Our managed services provide effective and reliable payroll administration, whether for short-term or long-term needs. Using our services saves you time and resources, while we ensure compliance with the law and your operational needs.

  • HR dashboard: Our HR dashboard enables tracking, analysis and reporting for HR KPIs. It combines data from various sources to highlight causal relationships and correlations, providing insights into future scenarios with advanced data analytics.
  • Payroll support services: We can provide temporary support with payroll processing if necessary, at short notice. On site, on your system.
  • Managed payroll services: We can handle your entire payroll process, including a range of additional services – securely and reliably, even in special cases. We’ll also ensure accurate data transfer from Workday if necessary.

Indirect taxes

Whether it’s sales taxes or customs duties, our Managed Services enable you to keep your indirect taxes under control – efficiently and in compliance with the law. 

  • VAT analysis: We offer VAT analytics services to help visualise VAT-related changes and assess and manage risks.
  • VAT compliance: Comprehensive support with preparing your VAT returns, powered by advanced tools – from exporting data to submitting the finished declaration.
  • SAP® Global Trade Services (GTS®) on demand: Our SAP cloud solution provides IT infrastructure, processes and expertise for your customs department, all from a single source.

Tax return verification

Manually reviewing a large number of tax assessment notices or other official documents can be time-consuming and costly. Our solutions provide targeted and efficient help.

  • Tax return verification as a service: Our innovative solution enables semi-automated review of various types of official tax-related documents.
  • Property Tax App as a service: The entire property tax process in one solution – from collecting data and preparing declarations to managing deadlines and objections.

Defence and litigation

Enforcing your rights and protecting your interests is one of our core areas. We can provide ongoing support, both in pursuing and enforcing claims, and in your defence.

  • Mass Claims Machine: Efficient defence against mass proceedings and class actions of all kinds – both in tax and elsewhere.
  • Tax audit management: A Managed Service to streamline your tax audits, getting the tax authorities involved and speeding up the process.

Tax reporting

Reporting for financial statements

Improve your accuracy, transparency and compliance in financial reporting with our selection of Managed Services for reporting in quarterly and annual financial statements.

  • Tax accounting: We’ll optimise your tax reporting and help you determine the relevant key tax figures for your annual financial statements. This includes calculating current and deferred taxes for both annual and consolidated financial statements. We’ll also assess the valuation and accounting of your tax risks and uncertain tax positions.
  • ESG reporting: Stay on top of sustainability in your tax and legal functions with our support. We provide guidance and ongoing reporting for all ESG-related legal and tax issues.
  • Tax Rate Analyzer: Benefit from efficient, interactive and visualised analysis of your group tax rate and tax reconciliation – with our expertise to ensure accurate results.

Other reporting

Other reporting Our Managed Services enable you to effectively manage various types of tax reporting. We’ll collect, cleanse and analyse the necessary data on your behalf. Keep control, delegate the legwork.

  • Market Taxation Analyzer – Pillar 1: Our solution to assess the individual impact of changes under the OECD’s Pillar One on the distribution of profits within your corporate group.
  • Market Taxation Analyzer – Pillar 2: A Managed Service to help you manage the tax complexity of the new OECD Pillar Two regime for your group, providing qualitative assessment of how the planned taxation regime will affect your tax position.
  • Company valuation tool for inheritance tax and gift tax: Ongoing company valuation service for inheritance tax and gift tax purposes, including tax company valuation, combined assets statements and calculation of tax exemptions. Efficient, powerful and transparent.
  • DAC6 Compliance Solution: Our DAC6 Compliance Solution enables you to efficiently ensure and document compliance with DAC6 reporting obligations throughout the EU. Or you can leave it all to us and use the solution as a Managed Service.
  • Country-by-country reporting: Ensure error-free and complete transmission of your country-by-country reports to the German Federal Central Tax Office. We’ll check the content and plausibility, and conduct data analysis to ensure the accuracy of your data.

Tax compliance management system (TCMS)

Day-to-day operations

We can bridge any gaps in your tax compliance management system (TCMS) and provide ongoing support and updates. Our comprehensive suite of Managed Services ensures compliance with tax regulations and laws, minimising your tax risks thanks to modern processes, cutting-edge tools and our expertise from a single source.

  • Tax audit management: A Managed Service to streamline your tax audits, getting the tax authorities involved and speeding up the process.
  • Corporate Incentive Manager 2.0: A web-based solution supported by our experts for monitoring and processing non-cash benefits in accordance with Section 37b of the German Income Tax Act (Einkommensteuergesetz, or EStG). We can help with your entire process, from event planning to determining the tax due.
  • Customer and Investor Tax Transparency: A web-based app for managing global tax information exchange requirements under FATCA and the CRS. We can provide clarity, making it easier for you to manage global activities.
  • DAC6 Compliance Solution: Our DAC6 Compliance Solution enables you to efficiently ensure and document compliance with DAC6 reporting obligations throughout the EU. Or you can leave it all to us and use the solution as a Managed Service.
  • DAC6 Compare Tool: Our solution to help you navigate the jungle of national DAC6 regulations. The tool compares local laws and individual interpretations of the DAC6 Directive for cross-border tax arrangements.
  • SAP® Global Trade Services (GTS®) on demand: Our SAP cloud solution provides IT infrastructure, processes and expertise for your customs department, all from a single source.
  • Tax Rate Analyzer: Benefit from efficient, interactive and visualised analysis of your group tax rate and tax reconciliation – with our expertise to ensure accurate results.
  • VAT analysis: We offer VAT analytics services to help visualise VAT-related changes and assess and manage risks.
  • VAT compliance: Comprehensive support with preparing your VAT returns, powered by advanced tools – from exporting data to submitting the finished declaration.
  • Whistleblower and Ethics Reporting Channel: We can be your one-stop shop for a legally compliant internal whistleblower system as a Managed Service – without any IT implementation costs. 

Optimisation and automation

We’re here to help you with selecting software solutions tailored to your individual needs. We also provide ongoing support for our solutions to ensure smooth operation. Our targeted automation approach can significantly increase the efficiency of your processes.

  • Smart Business Insight Suite: A software solution that empowers managers to comply with the ever-changing regulations in the world of tax and finance – powered by technology.
  • Bookkeeping Analyzer: Unlock the full potential of your accounting data. Using state-of-the-art tools, our analysis provides insights that go beyond day-to-day business operations.

Financial services

Asset and wealth management

Our Managed Services for asset and wealth management offer you comprehensive solutions for tax, bringing the latest technology, modern processes and many years of industry expertise to the table.

  • Fund Care: Reduce your tax risks and expenses with our tax reporting tool for special investment funds. We’ll handle the tax accounting work for your funds – all-digital and to the highest possible standards.
  • DAC6 Compliance Solution: Our DAC6 Compliance Solution enables you to efficiently ensure and document compliance with DAC6 reporting obligations throughout the EU. Or you can leave it all to us and use the solution as a Managed Service.
  • DAC6 Compare Tool: Our solution to help you navigate the jungle of national DAC6 regulations. The tool compares local laws and individual interpretations of the DAC6 Directive for cross-border tax arrangements.
  • Private equity tax: Our top-notch service to assist you in all aspects of private equity, from income tax reporting and tax assessment calculations, to preparing and filing tax returns for partnerships or CFC/PFIC health checks.
  • Regulatory investor reporting: As well as comprehensive assistance with global tax compliance, we also offer specialised solutions for reporting under Solvency II, the CRR and the German Insurance Supervision Act (Versicherungsaufsichtsgesetz, or VAG) to help you comply with applicable regulations.
  • Customer and Investor Tax Transparency: A web-based app for managing global tax information exchange requirements under FATCA and the CRS. We can provide clarity, making it easier for you to manage global activities.
  • German investor tax reporting: A comprehensive tax service for asset managers, providing reliable, timely and accurate fund tax data.

Insurance

With our comprehensive solutions for tax and legal issues in the insurance sector, we are here to help you overcome a wide range of challenges.

  • Permanent overpayers@OneClick: Avoid unnecessarily losing money from creditable or refundable taxes on dividend income. Our solution checks, evaluates and documents your tax certificates, ensuring you know what’s going on at all times.
  • DAC6 Compliance Solution: Our DAC6 Compliance Solution enables you to efficiently ensure and document compliance with DAC6 reporting obligations throughout the EU. Or you can leave it all to us and use the solution as a Managed Service.
  • DAC6 Compare Tool: Our solution to help you navigate the jungle of national DAC6 regulations. The tool compares local laws and individual interpretations of the DAC6 Directive for cross-border tax arrangements.
  • Property Tax App as a service: The entire property tax process in one solution – from collecting data and preparing declarations to managing deadlines and objections.
  • Customer and Investor Tax Transparency: A web-based app for managing global tax information exchange requirements under FATCA and the CRS. We can provide clarity, making it easier for you to manage global activities.
  • InvestorTax@OneClick: InvestorTax@OneClick is a Managed Service for institutional investors which handles the work of calculating all key tax figures for fund investments in accordance with the German Investment Tax Act (Investmentsteuergesetz, or InvStG).

Real assets

Our tailored solutions help real estate companies to effectively address tax challenges in the real estate sector.

  • Comprehensive tax advice: You can rely on our real estate specialists in all tax matters, from real estate purchases to tax compliance.
  • Property Tax App as a service: The entire property tax process in one solution – from collecting data and preparing declarations to managing deadlines and objections

Workforce

Payroll

Our Managed Services provide effective and reliable payroll administration, whether for short-term or long-term needs. Using our services saves you time and resources, while we ensure compliance with the law and your operational needs.

  • Managed payroll services: We can handle your entire payroll process, including a range of additional services – securely and reliably, even in special cases. We’ll also ensure accurate data transfer from Workday if necessary.
  • Payroll support services: We can provide temporary support with payroll processing if necessary, at short notice. On site, on your system.

Tax HR compliance

We can help you to effectively comply with tax regulations in human resources and minimise compliance risks.

  • Corporate Incentive Manager 2.0: A web-based solution supported by our experts for monitoring and processing non-cash benefits in accordance with Section 37b of the German Income Tax Act (Einkommensteuergesetz, or EStG). We can help with your entire process, from event planning to determining the tax due.
  • Remote Work Assistant: Enable your employees to work abroad while maintaining compliance. We can help you with real-time risk classification and administration of remote work requests for up to 40 countries.
  • HR dashboard: Our HR dashboard enables tracking, analysis and reporting for HR KPIs. It combines data from various sources to highlight causal relationships and correlations, providing insights into future scenarios with advanced data analytics.
  • Training and Education Center: Our innovative learning experience for your company. Prepare your employees for the future with tax, legal and compliance training to ensure that they can meet the relevant requirements.

Private clients and family offices

Added value for family-run companies

Place your trust in our comprehensive solutions for family office services. From strategy to implementation, we will be your reliable partner every step of the way. Utilising state-of-the-art tools and our expertise, we analyse existing structures, optimise processes, and ensure transparency – and not just for your taxes.

  • Company valuation tool for inheritance tax and gift tax: Ongoing company valuation service for inheritance tax and gift tax purposes, including tax company valuation, combined assets statements and calculation of tax exemptions. Efficient, powerful and transparent.
  • Family Solution Hub: Our innovative platform for your family business elevates quality and transparency to new heights. It covers areas such as finance, corporate governance, legal, tax and processes.
  • Wealth Compass: Gain insights into your assets, data and documents – anytime, anywhere. This reporting tool for family offices offers near real-time visibility into consolidated balance sheets and asset statements, encompassing both liquid and private assets.

Want to find out how Managed Services fit into your processes?

Contact our experts.

Individual solutions to your challenges

It is becoming increasingly difficult for companies to meet the requirements of tax law. They need to stay up to date with the latest case law and legislation at all times – not least to avoid non-compliance and penalties. Therefore, it is important to continuously educate employees and adapt processes as the rules change.

Tax departments are increasingly using technology to address these challenges. Digital transformation offers great potential for improving processes, but companies often struggle to select the right solutions, implement them properly and use them effectively.

At the same time, suitable staff have become scarce. Professionals who are skilled in both the digital and tax fields are hard to find and the subject of bitter competition on the labour market.

The solution: Tax Managed Services

Tax Managed Services are our answer to these challenges. We combine our technical expertise with proven processes and scalable technology to provide you with an unparalleled comprehensive service experience.

We offer you a team that not only provides you with professional advice, but also gets involved and runs your processes for you. From individual transactions to a business partnership to run your entire tax function. We can calculate tax-relevant KPIs and manage, monitor and run processes required for tax audits or to comply with international reporting obligations. We also offer Knowledge Managed Services – an ideal way to keep your employees up to date on regulatory and tax issues.

But whatever service you choose, it’s a weight off your shoulders: you no longer have to worry about selecting and training employees, ensuring legally compliant processes or implementing new tech.

Managed Services offer the solution you need to counteract the skills shortage while also driving digitalisation in your company.

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Klaus Schmidt

Klaus Schmidt

Partner, Global Tax and Legal Managed Services / Alliances Leader, PwC Germany

Lukasz Mehl

Lukasz Mehl

Tax, legal and people consulting, PwC Germany

Tel: +49 511 5357-5477

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