Tax Advisory Services

Agency and Representation

Our professionals deliver a full range of representation services, focusing on value added tax, corporate income tax, and capital gains tax.

Assistance in Dealing with Tax Authorities

We communicate with the Romanian tax authorities on our clients’ behalf during tax audits, as well as to obtain advance clearances and binding rulings on various tax issues.

Customized Training

We design and deliver tax training tailored to each client’s needs. Our training sessions focus on practical matters, not just theory, to help our clients deal with the day-to-day tax issues specific to their business.

Design of Tax Procedures

We help our clients develop and improve the functioning of their internal tax systems by designing internal tax procedures and manuals.

We not only work closely with our clients to design and document procedures that are best for their organizations and business models, but also provide ongoing guidance and support during and after implementation of the improved tax procedures.

We do more than just advise on points of tax law. Our comprehensive, multidisciplinary approach and unsurpassed business knowledge translates for our clients into better management control and compliance as well as increased awareness of the substantial tax implications of day-to-day business operations.

Investment Tax Structuring and Tax Planning

NNDKP Tax team can provide useful guidelines for the implementation of tax structures during the course of the investment, development, operational and exit phases.

Restructuring Tax Advice

Working closely with lawyers from practice groups across our firm, we help our clients assess and respond to the tax implications in mergers and acquisitions. We review and improve the full suite of restructuring documentation, such as merger plans and share and asset purchase agreements.

Our tax expertise and experience, combined with our firm’s traditional strengths in mergers and acquisitions, can create substantial tax savings for our clients, while also mitigating their tax risks.

Tax Compliance

For us, tax compliance is more than just following the rules.

The tax environment is changing rapidly in Romania and internationally and taxation systems are becoming increasingly complex. Our clients want to be sure that the tax base declared meets the legal requirements, in order to avoid undesirable tax penalties and costly tax disputes.

We help our clients manage their tax risks through a full range of Romanian tax compliance services. We not only give them greater confidence in their compliance practices, but we also can relieve them of the burdens of costly, time-consuming tasks such as data consolidation, preparing tax returns, and dealing with the tax authorities.

Tax Diagnosis

Our tax diagnosis service is a thorough tax position analysis, tax examines the most significant tax areas in each client’s business operations.

Our diagnostic findings and recommendations can help our clients to:

• discover ways to minimize potential areas of tax exposure
• identify and address tax savings and tax refund opportunities

Tax Due Diligence

The tax due diligence process assesses the tax risks to which an acquisition target is exposed during the period subject to review. Combined with tax structuring and tax planning solutions, tax due diligence is a comprehensive integrated examination that helps investors make tax-efficient investments.

Tax Litigation

Our multidisciplinary teams advise and represent clients in a large array of contentious tax issues, ranging from drafting appeals from adverse decisions of the Romanian tax authorities to support and representation throughout the entire litigation process.

Because we draw on legal and tax expertise and business insight from throughout our firm, our litigation teams can deliver a high level of efficient, commercially aware representation that is not available from most traditional law firms.

Transaction Tax Advice

We help our clients anticipate, understand, and plan to respond effectively to the tax implications arising from business transactions, such as:

• acquisitions
• disposals
• re-financing activities
• restructurings
• initial public offerings

In each transaction, our goal is to mitigate our client’s tax risks, provide valuable negotiation insights, and enhance the value that our client derives from the deal.

Transfer Pricing Services

Our transfer pricing practice helps our clients manage the transfer pricing risks in their businesses by providing highly specialized transfer pricing services in an efficient, dynamic, and cost-conscious manner. With this in mind and well aware that intra-group transactions have become one of the “hottest” topics in the area of fiscal services, NNDKP and Transfer Pricing Services SRL have concluded a strategic alliance that offers a complete package of legal and tax services for the Romanian companies part of national or multinational groups.