Double victory for BDO: Best tax advisor and award in Styria!

Double victory for BDO: Best tax advisor and award in Styria!

BDO was awarded the federal state victory for the fourth time in a row as the best tax advisor: inside in Styria. This recognition underlines the excellent position that the company holds in the field of tax advice. The award from Alexandra Dolezel, which was again honored as the best tax consultant in Austria in the category "Internationales and Corporate Tax Law", is particularly outstanding. Peter Pilz, partner at BDO and head of the Graz location, expressed his joy about these successes and emphasized the effective advice of customers: inside, especially in view of the current challenges.

A central topic that emphasizes Dolezel is the liquidity that can be increased through alternative financing instruments and funding. She advises entrepreneurs: inside, checking their funding potential as quickly as possible. Furthermore, she pointed out the challenges with which Austrian companies are faced in an international context, in particular through OECD projects to avoid international tax avoidance that lead to an increase in complexity and administrative effort.

challenges and opportunities in international tax law

The international tax framework is constant change, which forces companies to regularly check their tax burden. According to the expert: Inside PWC, it is particularly important to examine the tax effects at an early stage for cross -border investments. Companies offer alternatives to reducing or avoiding foreign source taxes, such as holding companies, companies offer new strategies to optimize their tax rate. This topic gains importance through different tax systems and rates in different countries and requires strategic planning that should be implemented in close cooperation with experienced consultants. Pwc.de reports on the increasing relevance of European law in tax advice and the reaction of the consulting industry.

Ey also emphasizes that multinational companies are opposed to increasing market and business risks that are monitored more strictly by the tax authorities. The volatility in global markets can lead to reduced liquids and a higher effective tax burden. The globally networked team from EY supports its clients in these complex challenges by offering national solutions for international tax strategies. The topics that the team covers include financing, risk management and the structuring of investment vehicles.

The need for solid planning

As Dolezel from BDO emphasizes, solid planning and implementation of international activities is crucial for the success of a company. Especially on companies that are internationally active, increasing demands for reporting, including documentation of transfer prices and compliance with local requirements. These aspects are further reinforced by the Base Base Erosion and Profit Shifting (BEPS) and the multilateral instrument agreement to combat tax evasion. The EY team ensures that companies not only meet the regulatory requirements, but are also able to achieve operational savings and at the same time optimize their business models with regard to procurement and intangible assets. Ey.com offers comprehensive support.

The double victory of BDO and the associated awards are not only a confirmation of the company's excellent work, but also an incentive that continues to be successful: to continue successfully and to react to the constantly changing challenges in tax advice.