Typically, this industry is changing and developing very rapidly. It therefore is essential that your tax strategies are aligned with the business requirements, regulatory conditions and are manageable from a risk perspective. In a changing environment, this industry is on the radar screen of many (tax) authorities. Where Life Sciences, Medical Devices and Pharmaceutical companies are driven by creating new products, clearly, this creates pressure on optimizing a group’s effective tax rate, paying a fair share of tax and operating a multinational enterprise. Tax planning means carefully designing and maintaining a tailored supply chain and using a consistent TP methodology. Managing tax risks and making sure that corporate tax, VAT and customs are aligned properly, increasingly becomes important.
Taxand Netherlands has the right expertise to guide companies through these turbulent times. Experts that worked in the industry joined Taxand Netherlands and guarantee a true practical approach to managing tax issues and designing and implementing ideas. We know what troubles a tax director working for a Life Sciences, Medical Device or Pharmaceutical company and are proud to sharing our knowledge with many of our that value our approach.